Sweden

[nickynoes]

I find it very easy if done within an ISK. You pay a tax of 30% of the state borrowing rate ( ca 1.5 % rate on long Swedish bond) on the total account value.

http://www.investeringssparkonto.se

In 2018 this works out at 0.45% of the total account value. After paying that you get to keep all other gains without further tax. No writing off loses either though. Just pay 0.45% of account total and that is it for the year.

When I last did the numbers it is lower tax than US and UK. No tax tax forms or trades to report either as brokers send account details to tax agency.

Anyone else in Sweden ?

A lot harder if you don't trade via an ISK which I don't. Declaring taxes is a pain in the ass trading different instruments via CFDs.

 

[Jakobsberg]

A lot harder if you don't trade via an ISK which I don't. Declaring taxes is a pain in the ass trading different instruments via CFDs.

Sure outside ISK is a pain in ass to list everytrade. Within ISK you can do options and mini futures which is pretty much all I need and beneficial with the tax rate so low at the moment.

Who do you use in Sweden for CFD?
Mostly I use Avanza with smaller amount at Nordnet.

 

[nickynoes]

Sure outside ISK is a pain in ass to list everytrade. Within ISK you can do options and mini futures which is pretty much all I need and beneficial with the tax rate so low at the moment.

Who do you use in Sweden for CFD?
Mostly I use Avanza with smaller amount at Nordnet.

I use an Australian broker, mostly because they have low spreads and provide mt4 for free. Having to pay extra for shitty charting software is why I don’t use avanza and nordnet. Last time I traded mini futures you couldn’t set a stop loss and that’s just a big no no.

I tried working around it by creating an alert in the underlying asset at a certain price which would then trigger a market sell order in the mini future. But it didn’t work most of the time and was sketchy to say the least.