{"id":2430,"date":"2024-05-06T12:07:59","date_gmt":"2024-05-06T12:07:59","guid":{"rendered":"http:\/\/localhost\/dpetkovski\/?p=2430"},"modified":"2024-07-03T19:12:29","modified_gmt":"2024-07-03T19:12:29","slug":"capital-gains-taxes-in-all-eu-countries-for-etf-investors","status":"publish","type":"post","link":"http:\/\/localhost\/dpetkovski\/capital-gains-taxes-in-all-eu-countries-for-etf-investors\/","title":{"rendered":"Capital Gains Taxes in All EU Countries (for ETF Investors)"},"content":{"rendered":"

If you’re an index investor<\/a>, you might want to compare the treatment of profits<\/a> across various countries.<\/p>\n

Whether you plan to live off of your portfolio or simply want to optimize while accumulating<\/a>, understanding the tax framework is of utmost importance.<\/p>\n

In this post, I\u2019ll do a detailed breakdown of how UCITS ETFs<\/a> are taxed in all EU countries.<\/p>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
<\/th>Lowest CGT Rate<\/th>Explanation<\/th>Highest CGT Rate<\/th>Other Taxes<\/th>\n<\/tr>\n<\/thead>\n
Austria<\/td>27.50%<\/td><\/td>27.50%<\/td><\/td>\n<\/tr>\n
Belgium<\/td>0.00%<\/td>For long-term holding<\/td>33.00%<\/td><\/td>\n<\/tr>\n
Bulgaria<\/td>0.00%<\/td>For UCITS ETFs<\/td>10.00%<\/td><\/td>\n<\/tr>\n
Croatia<\/td>0.00%<\/td>If held >2 years<\/td>12.00%<\/td><\/td>\n<\/tr>\n
Cyprus<\/td>0.00%<\/td>For UCITS ETFs<\/td>20.00%<\/td><\/td>\n<\/tr>\n
Czech Republic<\/td>0.00%<\/td>If held >3 years<\/td>23.00%<\/td><\/td>\n<\/tr>\n
Denmark<\/td>27.00%<\/td>Up to ~\u20ac8k<\/td>42.00%<\/td><\/td>\n<\/tr>\n
Estonia<\/td>0.00%<\/td>Up to \u20ac6k<\/td>20.00%<\/td><\/td>\n<\/tr>\n
Finland<\/td>30.00%<\/td>Up to \u20ac30k<\/td>34.00%<\/td><\/td>\n<\/tr>\n
France<\/td>30.00%<\/td><\/td>35.00%<\/td><\/td>\n<\/tr>\n
Germany<\/td>27.00%<\/td><\/td>28.00%<\/td><\/td>\n<\/tr>\n
Greece<\/td>0.00%<\/td>For UCITS ETF<\/td>15.00%<\/td><\/td>\n<\/tr>\n
Hungary<\/td>0.00%<\/td>In a TBSZ account<\/td>15.00%<\/td><\/td>\n<\/tr>\n
Iceland<\/td>22.00%<\/td><\/td>22.00%<\/td><\/td>\n<\/tr>\n
Ireland<\/td>0.00%<\/td>Up to \u20ac1.3k<\/td>33.00%<\/td><\/td>\n<\/tr>\n
Italy<\/td>26.00%<\/td><\/td>26.00%<\/td>Wealth tax<\/td>\n<\/tr>\n
Latvia<\/td>20.00%<\/td><\/td>20.00%<\/td><\/td>\n<\/tr>\n
Liechtenstein<\/td>0.00%<\/td><\/td>0.00%<\/td>Wealth tax<\/td>\n<\/tr>\n
Lithuania<\/td>15.00%<\/td>Up to \u20ac238k<\/td>20.00%<\/td><\/td>\n<\/tr>\n
Luxembourg<\/td>0.00%<\/td>If held >6 months<\/td>15.00%<\/td><\/td>\n<\/tr>\n
Netherlands<\/td>0.00%<\/td><\/td>0.00%<\/td>Wealth tax<\/td>\n<\/tr>\n
Norway<\/td>37.84%<\/td><\/td>37.84%<\/td>Wealth tax<\/td>\n<\/tr>\n
Malta<\/td>0.00%<\/td><\/td>15.00%<\/td><\/td>\n<\/tr>\n
Poland<\/td>19.00%<\/td><\/td>19.00%<\/td><\/td>\n<\/tr>\n
Portugal<\/td>28.00%<\/td><\/td>28.00%<\/td><\/td>\n<\/tr>\n
Romania<\/td>10.00%<\/td><\/td>10.00%<\/td><\/td>\n<\/tr>\n
Slovakia<\/td>0.00%<\/td>If held >1 year<\/td>21.00%<\/td><\/td>\n<\/tr>\n
Slovenia<\/td>0.00%<\/td>If held >15 years<\/td>25.00%<\/td><\/td>\n<\/tr>\n
Spain<\/td>19.00%<\/td>Up to \u20ac6k<\/td>26.00%<\/td>Wealth tax<\/td>\n<\/tr>\n
Sweden<\/td>0.00%<\/td>In an ISK account (0.9%)<\/td>30.00%<\/td><\/td>\n<\/tr>\n
Switzerland<\/td>0.00%<\/td><\/td>0.00%<\/td>Wealth tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

Note:\u00a0<\/strong>this post assumes a complete allocation<\/a> in non-distributing ETFs<\/a>. If you need a more generalized tax comparison post for EU (including dividend and exit taxes), head to: Investment Taxes in all EU Countries<\/a>.<\/p>\n

\n
\n

Table of Contents<\/p>\n