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What are the tax retention rates?

If you invest in projects with a promoter based in Portugal, you are subject to the following tax retention rates:

• Individual Investor: 28%
• Institutional investor: 25%

If you invest in a promoter based in Spain (starting May 2024):

• Spanish fiscal residents are subject to a retention rate of 19%
• Fiscal residents of EU countries other than Spain are exempt from retention;
• Non-EU residents investing in projects based in Spain will also be subject to a withholding tax rate of 19% on the interest generated

If you invest in a promoter based in Colombia:

• Tax residents in Colombia are subject to a 4% withholding rate;
• Tax residents in other countries are subject to a 15% withholding rate.

If you invest in a promoter based in Switzerland:

• All investors are subject to a 35% withholding tax.

These taxes apply to the interest received and are automatically withheld on the Goparity platform.

For projects where the promoter is based in Portugal, Power Parity SA (the managing entity of Goparity) is responsible for withholding and remitting the tax to the Portuguese Tax Authority.

For projects where the promoter is based outside Portugal, the project promoter is responsible for withholding and remitting the tax to the local tax authority in their country of residence.