Tax Report for Austrian Residents

etoro doesn’t provide tax advice. Any data reported in the tax report is strictly for informational purposes only and it isn’t intended as a tax declaration or as a substitute for legal advice. We strongly advise you to verify the tax report with your tax advisor.

On this page, you will find information about tax reporting in Austria. etoro Club members living in Austria can generate a tax report based on the previous financial year’s investment activity on the etoro platform, structured in accordance with local tax guidelines.

Select a question to go directly to that topic.

1. What should I be aware of when reporting taxes in Austria?
2. What does the Austrian Tax Authority consider taxable?
3. How are capital gains calculated in Austria?
4. Why are the capital gains between the etoro account statement and the tax report different?
5. What are the required tax forms in Austria?
6. Can I use the etoro tax report as a basis for filling out official tax forms?
7. Form E1
8. Form E1kv

What should I be aware of when reporting taxes in Austria?

• The tax year is from 1 January to 31 December.
• The report can be submitted in electronic and paper format.
• The deadline for the tax assessment is 30 April. It is possible to extend the deadline until the end of June if the tax declaration is submitted electronically or an additional year if the tax declaration is carried out by a tax advisor.
• The reporting currency is Euro (EUR).
• The reporting language is German (DE).

What does the Austrian Tax Authority consider taxable?

• Income: Dividend income, interest income, other investment income.
• Capital Gains: Capital gains from securities, cryptoassets and derivatives.

The above list is not exhaustive.

How are capital gains calculated in Austria?

The capital gain/loss on an asset can be calculated by subtracting the cost basis (purchase price) of an asset from the value of the asset when it was sold.

If many positions are held on the same asset, bought at different prices, there are several methods for working out the cost basis. In Austria:

• The weighted average is used for securities and crypto.
• Specific lot identification is used for CFDs.

For details on the methods used, visit our article on cost basis.

Why are the capital gains between the etoro account statement and the tax report different?

You may notice differences between your etoro account statement and your etoro tax report. These can be attributed to the different methods used to calculate capital gains:

• Account statement reporting method: Specific lot identification
• Tax report reporting method: Weighted average method and Specific lot identification

Additionally, to calculate the financial data presented in the tax report, the values of the positions are converted from USD to EUR at the time of position opening and closing. This conversion process may result in a further difference in the end value between the account statement and the tax report.

What are the required tax forms in Austria?

There are two forms in Austria that can be filled out with information from the etoro tax report.

• Form E1 - Income from speculative trading (§ 31 EStG)
• Form E1kv - Income and capital gains/losses

Can I use the etoro tax report as a basis for filling out official tax forms?

The etoro tax report may be used as a basis for completing certain sections of the official forms. We have included screenshots below of both the official forms and the etoro tax report to illustrate where corresponding figures can be located.

The information on this page should not be used as a guide on how to fill in your tax return. Please review the official notes on the tax forms and consult your independent tax advisor for questions.

Form E1

etoro tax report

In the etoro tax report, there are two values which can be reported in the official Form E1, which are outlined with boxes in the example from the etoro tax report below.

Official form E1

Capital gains from cryptoasset positions that fall under the old taxation rules (i.e. that were acquired before 1 March 2021) must be reported within tax box 801. You can find more information about cryptoasset taxation on the Austrian Finance Ministry’s dedicated page.

Below is a screenshot of the official form where the above values are entered.

Form E1kv

etoro tax report

In the etoro tax report, there are 5 values which can be reported in the official form E1kv, which are outlined with boxes in the several examples from the etoro tax report below.

Capital gains from cryptoasset positions that are taxed under the new tax rules must be reported within tax box 994.

Official Form

The below screenshots from the official form E1kv show where to enter the above information with corresponding coloured boxes.