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:
  • 0.1% Sale Proceeds Stamp Duty