Securities account (aktie- och fondkonto)
An aktie- och fondkonto, often called a depå, is an ordinary securities account where you own the shares and funds directly. Unlike an ISK, you are not taxed on a flat standardised basis but on the actual gain when you sell.
How it is taxed
You pay 30% tax on a realised gain (when you sell at a profit) and 30% on dividends. So you do not pay tax on a rise as long as you keep the holding. Losses are deductible: fully against gains and dividends, and at 70% against other capital income. Everything is pre-filled on your tax return via broker reports.
When it fits
The depå shines when you want to offset losses, or hold something you cannot keep in an ISK. It can also be cheaper in years when the market falls, since you only pay tax on an actual gain. For long-term saving in a rising market, most people still pick the ISK for its simplicity and often lower tax. Compare your own case in the tools below.
Where it shows up
- Capital gains tax (K4)
- ISK vs pension
Rule of thumb: if you expect a positive return over time, the ISK is usually simpler and taxed lower. If you expect losses, or want to be able to offset them, the depå can win. You can have both.