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Glossary

Capital Gains Tax (Podatek Belki) — What Is It?

19% capital gains tax.

Explanation

It applies to profits from the sale of stocks, ETFs, and other instruments, as well as dividends and interest. For brokerage accounts in Poland, the broker issues a PIT-8C form, and you file your own annual tax return.

Profits and losses from instruments taxed in the same way can be offset, and losses can be carried forward to subsequent years. For foreign dividends, the issue of withholding tax also arises.

This is a general description, not tax advice — individual situations may vary.

Example

A profit of 10,000 PLN from stock sales and a loss of 4,000 PLN on another position result in a tax base of 6,000 PLN and a tax of 1,140 PLN.

Related Terms

See Capital Gains Tax in action

Portevo displays this and dozens of other metrics for specific companies, along with an earnings calendar and your portfolio.

Portevo is not an investment advisor. The data and analyses are for informational and educational purposes only and do not constitute a recommendation or an offer to buy or sell financial instruments. Quotes are from external providers and may be delayed. You make investment decisions at your own risk.

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