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Do I have to settle with the Tax Office?
Users of Walutomat settle their own accounts with the Tax Office.
Individuals who are not engaged in a business and only exchange currencies for the purpose of using them for consumption (e.g. purchasing material goods) do not pay tax and do not have to report this on their tax return. On the other hand, when someone exchanges currencies for the purpose of gaining income from exchange rate differences and does so repeatedly during the year, they have to pay tax on the income gained. This can also be treated by the Tax Office as carrying out a business activity.
For more detailed information on how to account for the profit or loss incurred from your Walutomat business, contact your tax office.
- How much does it cost to use Walutomat?
- Why was I asked to send identification documents?
- What documents do I need to provide to use the website?
- Do you give discounts?
- How do I open an account with Walutomat?
- I cannot log in!
- Do I have to settle with the Tax Office?
- How do I delete my account from Walutomat?
- Why am I not receiving SMS messages?
- How to convert a private account into a company account?
- What happens to my account when I die?
- What do I need to do to receive an invoice for Walutomat services?
- I am a co-owner of a bank account. Can I use it at Walutomat?
- How do I correct the data in my account?
- What don’t I have to pay for at Walutomat?
- You have blocked my Walutomat account. What should I do?
Discount voucher for new customers!
Enter your email address and we will send you a 50% discount codea
for the commission on your first exchange.
Receive an e-mail!
We have sent you an email with a 50% discount code for the commission on your first exchange! Click on the link in the email and register to use the discount.