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Doesn't that always mean fictitious realization of earnings and new acquisition across borders, i.e. taxation of book profits? But you may need cash on hand this late in the year...
3Semana
@amanaplanacanalpanama Exactly, profits made so far are taxed. Does the bank then deduct this from the cash account and the value of the shares remains the same?
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@JanWPB I mean, that's what happened to me at ING when I merged $USA (FR-ISIN) with $USA (IE-ISIN). I'd better make sure I have enough cash in my clearing account on 22.11. so that Baader doesn't make another golden nose out of it...
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3Semana
@amanaplanacanalpanama From the Amundi site:

Tax aspects of a cross-border merger for German investors:
Pursuant to Section 23 (4) InvStG, cross-border mergers such as this one cannot be taxed for
investors who are subject to unlimited tax liability in the Federal Republic of Germany.
tax-neutral in the Federal Republic of Germany. Accordingly, the merger is treated for tax purposes
as if the units of the sub-fund that ceases to exist were sold on the transfer date and the units
the units of the absorbing sub-fund received as a result of the merger were newly acquired.
This procedure is taken into account by the custodian bank. The investor does not need to
arrange anything further.
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