Stock exchange tax
The tax on stock exchange transactions: which rate applies, what it is capped at, and how to file it yourself.
- Stock exchange tax
Accumulating or distributing S&P 500: the same index, two different tax bills
iShares Core S&P 500 comes as an accumulating class (CSPX) and a distributing one (IUSA). Same index, same cost — but one pays 1.32% TOB and no dividend tax, the other 0.12% TOB and 30% on its dividends. The arithmetic decides which is cheaper.
Written by Belfolio4 min read - Stock exchange tax
Why a very large order pays a lower effective TOB rate
The Belgian stock exchange tax is capped per transaction — €1,300, €1,600 or €4,000. Above the value where the cap bites, the effective rate falls, and splitting one large order into several can cost more, not less.
Written by Belfolio3 min read - Stock exchange tax
Why Bolero and DEGIRO tax the same ETF differently
The same accumulating ETF is charged 1.32% TOB at one Belgian broker and 0.12% at another. The divergence is not a bug — it comes from how each broker reads FSMA registration on an umbrella fund.
Written by Belfolio4 min read - Stock exchange tax
Self-declaring TOB through MyMinfin: who, when and how
If your broker does not withhold the Belgian stock exchange tax, you file it yourself — one declaration per month, via DivTax, with payment due at the end of the second following month.
Written by Belfolio7 min read - Stock exchange tax
TOB rates: 0.12%, 0.35% or 1.32%, and how an ETF lands on one
The Belgian stock exchange tax has three rates and three caps. Which one applies to an ETF depends on FSMA registration and share class — not on where the fund is domiciled.
Written by Belfolio4 min read