At the end of 2024, there was a change in Estonian tax laws allowing Wise Interest or Stocks to be taxed under investment account personal income taxation rules. We'll update this page in due course with additional information.
When you turn on Interest or Stocks, you’re investing in units in a fund. If you’re an Estonian tax resident, this means you may need to report all of your worldwide income in your Estonian personal income tax return form. You may also need to pay income tax on capital gains if applicable.
When is capital gains tax due?
Capital gains tax, or income tax on capital gains, can become due when you dispose of units in the fund and you realise a gain. In other words: when you spend, send, convert, or move money to another account. It might also be possible to report losses to set against future gains.
What if I still have questions?
Please consult with your tax advisor, or contact EMTA directly.
Find general guidance about taxes when using Wise Interest or Stocks.
If you have questions about your taxes or filing a return — speak to a qualified professional. Wise can’t give you advice on your personal tax situation, and this article is meant for information purposes only.