What is an equity savings account?
Within the equity savings account, equity investors will able to trade in shares of both Finnish and foreign companies listed on a stock exchange or, for example, the Nasdaq First North exchange without incurring any direct taxes.
Dividends and interest will also be exempt from taxes on the equity savings account and account holders will have the opportunity to re-invest them without having to pay any taxes in between. Thus the equity savings account makes it possible to reap the full benefits of the compound interest effect when investing in equities, as the proceeds and dividends are credited to the account without direct tax liability.