Each year, from January 1 to March 31, you can inform the companies in which you have invested (or will invest during the year) how you would like taxes on income from your investments made through Walliance to be treated.
If you have invested, or are considering investing, in a project of a company that is tax resident in a country different from your own, in order for us to communicate your preferences to the issuing company, you must provide us with a tax residency certificate issued by the tax authority of your country of residence.
❌ You do not need to update your tax preferences if
your country of tax residence is the same as the tax residence country of all the offering companies of the projects you have invested in.
For example: you are tax resident in Italy and have invested (and will invest) only in projects offered by Italian companies.
✅ You should update your tax preferences if
your country of tax residence is different from even one of the tax residence countries of the offering companies of the projects you have invested in.
For example: you are tax resident in Italy and have invested (and will invest) in projects offered by French or Spanish companies.
If in doubt, you can check the tax residence of the company in which you invested directly in the project page, under the “Issuer” section.
How to request a tax residency certificate
The tax residency certificate must be requested and issued by the tax authority of the country where you reside (for example, the Italian Revenue Agency in Italy), and no other documents are accepted.
To be valid, the certificate must refer to the current tax year, as it is required to correctly apply double taxation treaties.
The document must be issued for each country in which the companies of the projects you have invested in are tax resident. For example, if you have investments in France and Spain and you are tax resident in Italy, you will need to provide one certificate for each country.
Once you obtain the certificate, upload it to your personal area by March 31
Go to your “Account” > “Services” > “Taxation” area, where you will find all instructions to access the most suitable tax treatment for your individual circumstances. Simply follow these steps:
verify that the country of tax residence currently shown in your account is correct (if you need to update it, go first to “My details” > “Identity and address verification” and click “Update your address”);
in the “Taxation” section, review all the information provided, then click the “Edit” button to modify your tax preferences and upload your document;
to request application of the “treaty-based regime” in the available countries, click the gray button on the left of each option;
upload your tax residency certificate;
click “Confirm and sign via OTP” to save your preferences. You will receive an email at your account address with a code to complete the declaration.
What happens if you cannot obtain the tax residency certificate?
If it is not possible to obtain the certificate, there is no restriction on investing, but you will need to handle any tax adjustments when filing your tax return.
To help you understand your situation, you can use our questionnaire: by entering your specific details, you can check whether you have overpaid or underpaid taxes and estimate what adjustments you will need to make.
ℹ️ Important
The tax residency certificate must be issued by the tax authority of your country of residence. No other types of documents will be accepted.
At the moment, the system only allows a single PDF upload. If you have multiple foreign investments and therefore multiple tax residency certificates, please merge them into a single PDF file before uploading it to your personal area.
After March 31 each year, it will no longer be possible to update your tax preferences for the current year or request the application of the treaty-based regime.