Is the tax applied to the entire amount I have in the investment fund?
No, the tax applies only to the profit resulting from the full or partial sale of investments in the fund, according to the portfolio statement issued by ...
Do I have to declare interest income to the tax authorities?
If interest income, taken individually or combined with other types of extra-salary income, exceeds the ceilings established by the Tax Code, ...
What happens to the profits of companies in which I am a shareholder?
These can be: ➤⠀distributed to shareholders;➤⠀or they can remain in companies. ❗⠀The company's "General Meeting of Shareholders" (GMS) decides this fact.
Why don't I see the value of the fund unit at which I buy or redeem the fund units?
The value of the fund unit is established and displayed on the working day following the one on which the operation takes place. 📆On the day of the operation, it is not ...
What savings alternatives does BT offer?
BTAM investment funds are our saving alternative to classic deposits. 😊They have various degrees of risk, starting with low risk ...
Who are investment funds aimed at?
Funds are for anyone who wants to put their savings to work in a simple, diversified, and accessible way – whether you are just starting out or already ...
Where can I find more information about investment funds?
➤⠀either you enter our BTAM website;➤⠀or you come to one of our units where you will find at least one colleague who will help you with all the information ...
Why is the redemption not paid on the spot?
Not knowing the value of the fund unit on the day of the operation, the amounts resulting from the redemption cannot be paid on the same day. 😕Payment is made on ...
How will the savings accounts and deposits from OTP be taken over?
All savings accounts and term deposits (including collateral deposits), existing on February 28, 2025 will be taken over by the Bank ...
What does extra-salary income mean?
Extrasalary incomes are all incomes received in addition to the salary. For example: incomes from the transfer of the use of goods, other incomes ...
Where should I declare the tax if I am a non-resident individual?
Clients of the Bank, natural persons non-resident for tax purposes in Romania, for the determination of any additional taxes and fees due on incomes ...
Do I have to pay interest tax separately?
According to the regulations in force, income tax is due on interest income. This is withheld at source by the bank, so it is not ...