1Semana
If you use IB via Cap Trader, there is probably now a tax report adapted to German requirements.
I myself use IB via estably, formerly Banx. It comes down to getting the transaction report and my own Excel tables into the tax return. It usually takes 2-3 hours. I always write a note with explanations and hand in the transaction report and my Excel spreadsheets on request. The time before last, I had to go to the tax office and explained the report to the lady in a personal meeting. Last time, I submitted everything and it went straight through.
I myself use IB via estably, formerly Banx. It comes down to getting the transaction report and my own Excel tables into the tax return. It usually takes 2-3 hours. I always write a note with explanations and hand in the transaction report and my Excel spreadsheets on request. The time before last, I had to go to the tax office and explained the report to the lady in a personal meeting. Last time, I submitted everything and it went straight through.
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@BigMo in my opinion, it's definitely not worth it to get some interest on USD and to invest in a SPY. You can also have that in a German custody account.
You should also trade options regularly and trade securities in foreign currencies on various exchanges. Otherwise, in my opinion, there is no sensible relationship between benefit and expense.
You should also trade options regularly and trade securities in foreign currencies on various exchanges. Otherwise, in my opinion, there is no sensible relationship between benefit and expense.
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