Hi,
I would like to have 3 stocks added to an exchange inside the European Economic Zone:
- British American Tobacco
- Gold Fields LTD
- Petrobras
I see these on IBKR on the Frankfurt exchange. But they are available in Berlin, Stuttgart as well. It’s a tax benefit for Hungarians to have stocks in EEZ exchanges. Please add these, thank you
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That’s a weirdly specific tax code, are you sure they mandate the listing on the exchange, and not the HQ of incorporation?
- BTI should indeed be available on XTRA, which T212 supports, so this one should be fine.
- Gold Field has no other exchange supported by T212.
- Petrobras has no other exchange supported.
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In the Hungarian code, they look for the location of the exchange.
The dividend tax is 15%
→ if you paid withholding tax in 1) EEZ 2) double tax treaty country (US), you can deduct that
→ if you paid withholding tax in non-EEZ or non treaty country, you can also deduct, but you pay a min. 5% at home
The real concern is the so called “szocho” tax, (social contribution tax) 13%
→ if you had e.g. wages of gross 24x minimum wage (6.2 mill HUF for 2022) then you don’t pay, and there are other exclusions (eg you are student under 25)
→ if you got your dividend from an EEZ exchange, you also don’t pay it
It is a main concern to some of my friends/family who had to pay it for the last 2 years now, before I realized they could be saving themselves from it by moving to an EEZ exchange.
Well, I see on XETRA:
-
PBR
https://www.boerse-frankfurt.de/equity/petroleo-brasileiro-s-a
-
GFI
https://www.boerse-frankfurt.de/equity/gold-fields-ltd
-
BTI is also up there (cant put more links in)
These are all available on IBKR, I opened a trial account and checked.
My bad, all three should indeed be possible to add.
Welcome to the Community, @Petya97 
I have forwarded your instrument requests for further review and will update the thread accordingly.
Hi @Michael.M
Do you happen to have an update on this? Thank you.
Not yet. The requests are still under review 
I’ll post in the thread once there’s any news.
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Thanks Michael, I appreciate it.
Just realized, this szocho tax considers not the exchange’s location but the broker’s
Since Trading212 is in Bulgaria - this is all good, I can enjoy the tax exemption