Wanted to write an article about it myself for a long time, but I realized that I have no idea about it. Good that you have written it 😘 Just that with the tax, which is collected from the clearing account, should surprise many with Neobrokern. Surprises me though. I've owned funds for more than 10 years and don't recall anything like this being collected from any of my accounts at any point 🤔🧐 If the actual profit is higher than the profit assumed via the upfront lump sum, the remaining tax burden is only paid when I sell, correct? For this purpose, the advance lump sum already paid is taken into account!? Are there any legal requirements so that my broker has to inform me about the tax to be paid? Overall, this seems like an incomprehensible and investor-hostile bureaucracy monster that denies any logic.@ccf
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@DonkeyInvestor The advance lump sum is calculated only since 2019 (so to 2018). Have that in my text unfortunately not written in: The tax is only collected when the tax-free amount is exhausted by distributions or appreciation (previously 801, now 1000€ or pro rata with the broker)! 😇 Sorry! Maybe that's why this has not yet been an issue for you... 2021 and 2022 prime rate was negative which is why the advance lump sum did not apply. Correct, the actual profit is only taxed at the end of the investment when the capital investment is sold, taking into account the advance lump sum already paid. Yes, the tax deduction must be communicated by the broker, as you may be able to claim special tax cases in your tax return.
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•@InvestmentPapa so it's not so bad if I'm informed in good time beforehand. But timely notification is also difficult. If the flat rate is higher than the actual increase in value, the tax burden can theoretically change up to 30.12. and would then have to be collected on 2.1. Our top automated and digitalized authorities will never manage that in a lifetime 🤔🧐
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@DonkeyInvestor That's why your broker calculates the whole thing and automatically pays it off. If there is an error, it will be revealed via the tax return. I have read about such a case, but can no longer say how exactly there was an error.
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1Yr
@InvestmentPapa What happens if the share price is lower than this in the following year? So smaller than the percentage or even negative? Do I get that back or can I generally claim it in the tax return?@ccf
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@fcsp No, no refund! As with the sale, no taxes are then due. This applies at least to the simple handling, as they probably apply to most. A loss calculation without sale is not possible for private persons! (Attention: I go here on dangerous terrain. Only a tax consultant can certainly clarify the question conclusively. However, I have not come across such a possibility so far).
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•1Yr
@InvestmentPapa Thank you.
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