Find general guidance about taxes and requesting tax statement when using Wise Interest or Stocks.
When you turn on Interest or Stocks, you’re investing in units in an accumulating money market or stocks fund. You can see more information about the funds here.
If you're a tax resident in the Czech Republic, you may need to pay income tax on your Wise fund income.
Income tax may become due when you dispose of units in the fund and you realise a gain — through spending, sending, converting or simply moving money within Wise or to an external account. This will trigger Wise to sell units in the fund, known as disposing.
Filing a tax return
Czech Republic tax residents may need to report their income and disposals from the fund in an annual tax return, based on their personal income levels during the calendar year.
You can find more information at Czech Republic’s Financial Administration website.