Bitpanda Stocks Taxes: Info & Instructions [2026]

Bitpanda Stocks are tokenized representations of real-world stocks and ETFs. For tax purposes, gains are treated similarly to conventional stock investments in Austria, Germany, and Switzerland — capital gains tax applies when you sell at a profit. This guide explains the exact tax treatment of Bitpanda Stocks across all three countries.

How do Bitpanda Stocks work and what are the advantages?

As so-called A-Tokens, tokenized stocks and ETFs have the advantage that they can be traded in fractions and not only in whole shares. This allows retail investors to easily access these investments via Bitpanda's broker website or smartphone app.
As usual in the crypto market, Bitpanda stock assets can be traded not only during standard exchange trading hours, but also at night, on weekends, or on holidays. Since Bitpanda Financial Services GmbH has to bear a higher risk with stock trading at non-market hours, somewhat higher spreads and thus fees are associated with buying and selling at these times.

How are profits from so-called A-Tokens taxed correctly?

Technically, A-Tokens and thus Bitpanda Stock Assets are so-called non-securitized derivatives, which are classified as income from capital assets.
In Austria, current income and capital gains from capital assets are taxable at the progressive income tax rate for individuals, regardless of the holding period.
In contrast, in Germany gains and distributions from securitized and non-securitized derivatives are treated equally and taxed as investment income at the special tax rate of 25%.
The speculation period of one year known from trading of cryptocurrencies cannot be applied to A-Tokens in both countries.
If income is generated through Bitpanda Stocks, tax is not automatically deducted by the broker. Taxable profits must therefore be reported independently within one's own income tax return. Losses can be offset against capital income or profits, which also belong to the same tax category, and thus have a tax-reducing effect.

For Switzerland, as with cryptocurrencies, the taxation of assets as of the last day of the year applies according to the requirements of one's own canton.

How do I record my tax?

Due to the close exchange between Bitpanda and Blockpit, we are able to react quickly and effectively to concerns of our customer base and thus always offer an optimal solution for tax tracking and optimized trading.

To the registration at Bitpanda & Blockpit.

Optimize & file your crypto taxes with Blockpit

Blockpit creates the most comprehensive crypto tax reports in PDF format. The report provides information about all your balances and transactions and can be used as proof of origin with banks or tax advisors. It contains all relevant transactions of your account in the selected tax year and shows details such as timestamp, amount, asset, costs and fees of the individual transactions.

Using Blockpit couldn’t be easier:

1. Import your transactions

Blockpit offers direct integrations for crypto exchanges, wallets and DeFi protocols. Automatically import your transactions via API integration, wallet address synchronization, or by manually uploading an Excel file. 

Discover all crypto integrations

2. Validate & Optimize

Blockpit offers smart insights and suggestions to optimize your tax report, fix issues, add missing values and to validate your transactions.

3. Generate your tax report

Generate your compliant tax report with the click of a button.

Frequently Asked Questions about Bitpanda Stocks Taxation

Are Bitpanda Stocks treated the same as real stocks for tax purposes?

Yes, in Austria, Germany, and Switzerland, gains from Bitpanda Stocks are generally treated like gains from conventional stock investments. Capital gains tax applies on the difference between purchase price and selling price when you dispose of the tokens.

Do I need to report Bitpanda Stocks on my tax return?

Yes. Even though Bitpanda Stocks are tokenized, tax authorities consider them taxable assets. You must report any realised gains on your annual tax return. Blockpit automatically imports your Bitpanda transaction history and calculates your tax liability.

Are dividends from Bitpanda Stocks taxable?

Yes. Dividend equivalents paid on Bitpanda Stocks are treated as investment income and are subject to withholding tax (Kapitalertragsteuer/Abgeltungsteuer) in Austria and Germany respectively.