Find general guidance about taxes and requesting tax statement when using Wise Interest.
When you turn on Interest, you’re investing in units in an accumulating money market fund. You can see more information about the funds here.
If you're a tax resident in Slovenia, you may need to pay income tax on your Wise fund income.
Income tax can 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
Slovenian tax residents may need to report their income and capital gains from the fund in their annual tax returns.
You can find more information at the Financial Administration of the Republic of Slovenia website.
If you're a sole trader using Wise Interest passively, the guidance above may also apply to you.