Stamp taxes and transaction taxes

Stamp taxes and transaction taxes, where applicable, are passed through to clients on top of the standard commission charge. You can see details of any stamp taxes charged in the Transaction Fees section of your Activity Statements. Below is a list of the taxes charged by various countries.

United Kingdom

0.5% of trade value Stamp Tax
Panel of Takeovers and Mergers Levy of GBP 1.00 on all orders over GBP 10,000 on shares of companies registered in the United Kingdom, Isle of Man or Channel Islands

Ireland

1% of trade value Stamp Tax

Switzerland

The Swiss transaction tax is not charged automatically by Interactive Brokers on individual accounts. Clients who are subject to the tax should consult a local tax advisor for support with their tax obligations.

France

French Financial Transaction Tax: 0.30% of trade value applied to shares of companies whose head office is located in France and whose market capitalisation exceeds EUR 1 billion.

Italy

Italian Financial Transaction Tax: 0.10% for shares transacted on regulated markets and MTFs and 0.20% for those transacted outside of these markets.

Spain

Spanish Financial Transaction Tax: 0.20% or trade value applied to shares of Spanish companies whose market capitalisation exceeds EUR 1,000 million as of December 1 of the year preceding the date of acquisition.

Belgium

The Belgian Tax on stock-exchange transactions (TST) is not charged automatically by Interactive Brokers on individual accounts. Clients who are subject to the tax should consult a local tax advisor for support with their tax obligations.

Hong Kong

For stocks, warrants and structured products traded on the SEHK:

Government stamp duty: 0.13%, rounded up to the nearest 1.00 for SEHK stocks, normally applies only to stocks
SFC transaction levy: 0.0027%, normally applies to stocks, warrants and CBBCs
FRC Transaction levy: 0.00015%, normally applies to stocks, warrants and CBBCs

For products traded on the Shanghai-Hong Kong Stock Connect Northbound Trading Link and Shenzhen-Hong Kong Stock Connect:

0.05% Sale Proceeds Stamp Duty