Tax report on stocks

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nihit
Posts: 14
Joined: Mon Jul 15, 2013 6:21 am

Tax report on stocks

Post by nihit » Thu Feb 14, 2019 11:18 am

Hello,

I wanted to know if someone makes and investment of let's say 100 euro and had a loss of 10 euro and took out 90 euro making a 10% loss.
Do we have to report losses to tax authorities or is it only when you make a profit.

What happens if someone makes a profit for example, if I put 100 euro and make 20 euro profit, what is the percentage of tax on that and how does one report it and pay the tax on that.

Thanks for the help!



Tax report on stocks

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Beep_Boop
Posts: 2078
Joined: Tue Oct 12, 2010 8:29 pm
Location: Niflheim, Suomi

Re: Tax report on stocks

Post by Beep_Boop » Thu Feb 14, 2019 12:00 pm

Earnings are reported as capital gain and is taxed 30% for earnings up to 30k, and 34% for higher than 30k. Losses can be used to offset other earnings and thus lower the tax burden. This means that, in the end, you're taxed on your total capital income not each individual income item.

Official info can be found here https://www.vero.fi/en/individuals/tax- ... al-income/
Every case is unique. You can't measure the result of your application based on arbitrary anecdotes online.


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agroot
Posts: 76
Joined: Sat Dec 22, 2018 5:04 pm

Re: Tax report on stocks

Post by agroot » Sat Feb 16, 2019 4:37 pm

What about stocks bought before coming to Finland? Is the original value in euro used for calculation gain/loss, or the market value on the date I move?


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