Deleted User
2Yr
Comment was deleted
@Anilo The taxes paid are then of course taken into account in the final sale, but of course I agree with you 👍🏼
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@Anilo Assume that in 2024 the investment amount has increased from 100k to 120k and you have paid an upfront lump sum. In the next year, the value of the portfolio drops again to 100k. Then one has paid taxes on a return of 0%. The consideration of the final purchase does not help much, because the paid amount is only deducted from the taxable profit. You can not demand a tax on a book profit...where are we actually landed?
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@TimLie
whether the return falls to 0% or even goes into the negative is only relevant when you sell... I have the feeling that many do not WANT to understand it.
whether the return falls to 0% or even goes into the negative is only relevant when you sell... I have the feeling that many do not WANT to understand it.
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@FinanzFabi I agree with Timlie. I have to pay taxes on a book profit. In the following year, the value falls back to the initial value to then go up again, for example, 20%. I then pay double taxes on the same 20%, which makes the ETF very unattractive. Maybe I never sell, then I am only paying taxes and from the increase in value is eventually nothing left.
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•@Artiskon I agree. @FinanzFabi Even if I decide to sell, I don't think the "offset" is fair. It would be fair to calculate how much income tax would be due on the total profit when selling and then look at how much upfront flat rate a person has paid so far. Then the tax office could charge the difference because of me. But no, it deducts the tax already paid from the profit and then charges capital gains tax on the remaining value. Imagine you have paid 20 years advance lump sum and you have to sell your Etf at +/- 0€. Then you fill your loss pot because you paid taxes??? What kind of junk is that? And then the federal government stands up and says they want to promote the investment interests of citizens.... Ouch
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