Q&A · ESMA
Information on cost and charges
Answered
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Taxes tied to providing a service, such as stamp duty, transaction taxes or VAT, must always be included in costs and charges disclosures; taxes on the investment's income or gains may be included at the firm's discretion.
Details
| Reference | ESMA_QA_1838 |
|---|---|
| Issuer | ESMA |
| Published | 28 Mar 2019 |
| Answered | 28 Mar 2019 |
| Submitted | 28 Mar 2019 |
| ESMA topics | Information to clients on costs and charges |
| Earlier Q&A document | ESMA 35-43-349 MiFID II Q&As on Investor protection Ch. 9, question 26 |
Provisions it relates to
- Article 24 MiFID II · General principles and information to clientsInferred · 90%
- MiFID II (whole act)Explicit reference