The stock exchange tax (TOB) is a Belgian tax due on transactions on so-called public funds, being securities who are eligible to be traded on a listed exchange. The Belgian stock exchange tax rate varies depending on the type of transaction (subscription, purchase/sale, redemption of shares of certain investment funds) and on the asset type (shares, bonds, etc.) and is applied on the value of the transaction, subject to maximum thresholds. You can check for each financial product how much the stock exchange tax will be. You will also find this amount on your order confirmation. MeDirect recommends that you seek professional tax advice from a Tax advisor if you have any questions about the tax treatment of your investment.