Deadline for application for a loss certificate expires

If investment income from securities accounts at different banks is to be offset against each other, a loss certificate must be applied for by December 15.

Gains from securities transactions are normally automatically offset by the bank against corresponding losses. However, if you have distributed your securities among securities accounts at several banks, the only way to offset losses is to file a tax return. To do this, you need a loss certificate from the bank, which is not automatically generated, however, because the losses are normally carried forward to the following year. You must therefore apply for the loss certificate from the bank for the current year by December 15, 2021 at the latest.