Taxation

How is the income from the sale of mutual funds taxed?

Return from the sale of shares arises when the price for redemption (resale) is higher than the price for the purchase of shares (taking into account any entry or exit fees). The management company automatically deducts 19 % tax from the achieved income and pays it to the state. It is governed by Act 595/2003 Coll. on income tax.

You can find more detailed information on the taxation of mutual fund income in the Sales Prospectus of any mutual fund.