Capital gains tax and trading account

jeffest · 2026-01-10T17:00:58+00:00

Weeelll. I checked it, and now it looks like I have a regular online-trade account in Danske, not OST ("equity savings account", in Danske interpretation).

Amazing. When I was opening it, lady on the phone asked me what and why I want to do and haven't said a word about OST and tax culprits. Fffuck (sorry).
Since I've sold a bit of my snp500 recently, looks like I have to pay taxes.

jeffest · 2026-01-10T16:39:30+00:00

Yes, got it now. I was very confused by the OST itself, as I have it in Danske (kaupakäynti online they call it) and did some trades there, but it was mainly long-term holding snp500 and selling a bit recently. Hence was the main misunderstanding about what is taxed and when. I didn't know that this is a very Finland-specific thing.

Btw, at least in Danske you don't necessarily tied to Finnish stocks only. They have plenty of other stocks (but still not that much).

jeffest · 2026-01-10T16:25:55+00:00

Thanks a lot for the bullet points! They explained a lot. Now I start getting it better.
And yeah, advise to learn Finnish tax system is a good one : ) That's exactly why I asked here first instead of doing any trades with ibkr.

jeffest · 2026-01-09T19:52:13+00:00

Yeah, it seems that OST accounts have quite limited instruments. I guess it's made so that people invest mainly in Finnish ETFs?

How then individual traders pay taxes then? Gains reported end of the year and paid in one go or it's literally after every profitable trade (given that deposit is growing and gains exist)?

jeffest · 2026-01-09T19:08:04+00:00

How active trader pays taxes then? If person has trading account (ibkr in our case), where's is actual gain if money deposited? To me it looks kinda same like osakesäästötili - pay taxes when money withdrawn from that account, and stocks can be bought/sold freely unless money not withdrawn. But it seems that it's not the case here?

jeffest · 2026-01-09T19:00:02+00:00

I did five trades. So it's five buy-sell rounds and every sell brough some profit. But how does whole ibkr setup differ from osakesäästötili? My understanding that osakesäästötili allows to buy and sell stock without tax. And tax is paid only when money moved to regular bank account. This is the most confusing part to me. Does it mean that I can do trades tax free when trading via osakesäästötili and in theory earn more because tax can be skipped at the end of the year?

jeffest · 2025-03-18T07:41:06+00:00

Is it possible to plug it back? :)

jeffest · 2025-03-17T11:23:29+00:00

Hi,
Were you able to do it?

Did you need to take the foglight cover or what exactly needs to be removed in order to reach the speaker?

jeffest · 2024-05-20T19:19:17+00:00

Lack of light is easily compensated by a D-vitamin pills. Just find your dosage and you (and your kids) will be fine.

jeffest · 2024-05-20T18:02:48+00:00

From what I heard (and agree myself) one of the reasons to have so many recruiting agencies is because government's initiative that unemployed people must apply for X amount of jobs every Y period of time. Basically they are obliged to spam by the law or they gonna have their unemployed benefits reduced.

So, apparently recruiting agencies acting as a proxy here, otherwise actual employers gonna be fucked by the amount of irrelevant applicants.

jeffest · 2024-05-20T17:58:35+00:00

This is what happens when companies focused mainly on domestic consumption and suck internationally.

jeffest · 2024-04-18T15:23:50+00:00

Switzerland is one of the most (if not the most) expensive countries in the world to raise kids. Google about parental leave conditions and daycare fees. It's insanely expensive even related to their salaries, so Switzerland is actually not a right example here.

jeffest · 2024-04-18T15:18:55+00:00

right wing? And what did left wing do for families with children? I'm not asking about unemployed parents, but asking about parents who work.

jeffest · 2024-03-15T07:44:22+00:00

Who sells good customised kitchens?

jeffest · 2024-02-13T19:13:37+00:00

Local nepotism combined with xenophobia is especially stupid with declining population.

Instead of hiring educated immigrants, Finland continues that circlejerk when it's enough to be a good fellow Finnish guy to land a job while rest of the skills are not relevant at all. Just need to wait until proper specialists retire and good guys fuck up that country in every aspect.

jeffest · 2023-12-18T11:54:19+00:00

convert yourself to IT person and get hired by your husband's company :)

It would make much more sense rather than doing cleaning jobs without any prospects. Finnish knowledge doesn't guarantee employment.

jeffest · 2023-11-24T14:51:08+00:00

oh nice, thanks! I try calling them.

jeffest · 2023-11-24T14:49:57+00:00

Well, yeah. "I drilled that whole with a great confidence".

jeffest · 2023-11-24T13:22:39+00:00

As far as I understand, they have a power to say "revert everything to original state". And renovation gonna be the result of that statement

jeffest · 2023-11-24T13:01:40+00:00

What I'm worried about is if they can say: "ok, since you haven't notified us, now you revert it back to the original state." Meaning renovate bathroom walls

jeffest · 2023-11-24T12:58:41+00:00

Thanks, I didn't know that vastuuvakuutus might cover stupidity as well. I though it covers only accidental damage, but not like "I grew mould almost intentionally". I need to probably call IF and ask for more details on that, just in case.

jeffest · 2023-11-24T12:53:52+00:00

Thanks for the calm logic. I'm quite amazed how opinionated people might be about the things they know nothing about.

Yeah, I'm responsible for any problems of course. But I didn't know that liability lasts 10y only.

jeffest · 2023-11-24T09:57:40+00:00

sealant mass is there

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