Frequently Asked Questions

Yes. Dividends are taxed in a separate tax base under §51e of the Income Tax Act at 7%, regardless of which country they come from – the 35% rate applies only to dividends from non-cooperating states, which do not include the USA. Tax withheld abroad (e.g. 15% on US dividends with a W8BEN on file) is credited under §45 separately for each country. Dividends are exempt from health-insurance contributions.

Income from the sale of securities is income under §8 of the Income Tax Act. We match the trades with the FIFO method, and the tax base is the difference between the sale price and the acquisition price converted to EUR. Securities admitted to a regulated market and held for more than one year are exempt under §9 (1) (k); the rest gets the 500 € exemption and the progressive rate of the year — two bands of 19 % and 25 % up to 2025, and four bands of 19 %, 25 %, 30 % and 35 % from 2026. Losses do not net across asset classes (§8 (9)).

Yes. The automatic import is available from Interactive Brokers (Flex Query XML) and from XTB (the account history of xStation 5 in the XLSX or the CSV format). You can enter and edit the trades of the other platforms by hand. We are preparing the Trading 212 import now, and more platforms (Binance, DEGIRO, Revolut) are planned.

Under §31 of the Income Tax Act you have a choice: either the ECB reference rate (published by NBS) valid on the transaction date, or the annual average rate for the calendar year. The choice must be applied consistently for the whole tax period. In Taxify you switch between the two when running the calculation, and we fetch the rates automatically.

Yes. From the §8 tax base (all asset classes, after the €500 exemption) and from the tax base of interest and coupons under §7 we also calculate health-insurance contributions at the rate applicable to the tax period – 14% up to 2024, 15% for 2025 and 16% from 2026. Dividends under §51e are exempt from health-insurance contributions, and so is interest on which a Slovak payer withheld the tax (for example XTB).

We calculate crypto within §8 at the same progressive rate as the other asset classes (19 % / 25 % up to 2025, four bands of 19 – 35 % from 2026) and we include it in the base of the health contributions. Neither the 500 € exemption nor the one-year holding test applies to it. The taxation of crypto has changed repeatedly in Slovakia, so we take the conservative reading and the application warns about that uncertainty on crypto trades.

Yes. Interest on the cash at your broker, interest for lent securities (for example IB SYEP) and bond coupons from abroad go to a special tax base under §7 at 19 % (section VII of the type B return). Expenses and losses do not decrease them, and they also carry health-insurance contributions. We do not credit a tax withheld abroad: the double-taxation treaties (for example with Ireland, Hungary, the United Kingdom and the USA) give the right to tax interest to Slovakia only, so you claim that tax back in the source country. XTB already withholds the tax on its interest, so you do not declare it. Coupons of state bonds have special rules – the app tells you about them.

Yes. Options fall under §8 (1) (d): the premium of a written option is income of the day it arrives, and the buy-back is an expense of the closing day. CFDs and currency trades fall under letter (k). The 500 € exemption covers securities and options, not CFDs, currencies or crypto, and the one-year holding test does not apply to derivatives at all.

You net a loss within one asset class against the gains of the same class. Losses do not net across the classes and they do not carry to the next year (§8 (9)). A loss on crypto therefore does not reduce a gain on shares.

We have the rates, the bands and the limits ready for the years 2023 to 2026. You choose among the years in which you have trades, dividends or interest. We add a new year as soon as its rates are known.

No. Taxify calculates the tax and prepares a PDF with the whole breakdown, which you use as the basis for the annex of the Type B return. You file the return yourself — through the portal of the Financial Administration or on paper. We do not generate the XML for eDane yet.

You file the return for the previous year by 31 March; if that date falls on a weekend or a holiday, it moves to the next working day. The tax is due in the same period. You can extend the period by three months with a notice, and by up to six months if you have income from abroad.

We match the acquisition prices with the FIFO method, so we also need the purchases of the earlier years — upload the whole account history. If a purchase is missing from the data, we mark the trade as unmatched and you add it by hand. The older purchases do not count against the trade limit of your plan; only the trades with a date in the given tax year count.

Yes. Your data is stored encrypted on servers within the EU. We do not sell or share your financial data with third parties. See our Privacy Policy for details.

No. Taxify is a tool that helps you calculate your investment tax liability and prepare supporting documents. We do not take responsibility for the correctness of your tax return – for complex cases, we recommend consulting a qualified tax advisor.