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@GoDividend then I have to fulfill my duty 😅 With your statement you are absolutely right. When the dividend is recalculated, it can happen that the saver's lump sum is charged twice 😅 The reason behind this is the actual worldwide practice in tax law, that if a year is over, then nothing more can change in the events 😂 Only the stupid Yanks with your Reit rules do not make it with 🫠 Our savings amount is namely destroyed by the recalculation of the withholding tax. The bank assumes that you will get it back. But you usually do not do that and is therefore taxed twice and rightly so. (PP=personal bad luck) You can now find how you want, but the problem is not only we Germans 😁 the Reit dividends are namely only advance payments and are taxed as profit distributions, therefore 🤷🏼 If you now have many Reitanteile, it can also come to that, the Sparerpauschbetrag is completely ausgewipt 😂 There are solutions, but I let me pay 😈😈 No joke aside, most will not itch, because they get so few dividends or if you earn so much on the Reits, you switch to a broker who does not withhold tax, that would be for us Germans a foreign or unregulated broker.
Or one would like to let off steam a bit in the American tax system and submits an American tax return in order to adjust the withholding tax, which is the problem for us here in Germany.
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@DerSteuerberater thank you very much that you have commented. I hope that my depot sometime one has the size to have to resort to your paid solution 😂
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@GoDividend there are a few interesting, even one where you credit the tax 2 times 😅
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@DerSteuerberater what do you mean?
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@GoDividend similar to Cum ex, but in a different country 🙈
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@DerSteuerberater oh well... OK this is a subject area in which I think I do not want to know😂.
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@DerSteuerberater if you do not use an allowance / saver allowance, it is much easier, is not it? I was always too lazy and have me the money relaxed in the following year again. Am affected by Reits little, because I have only a small position of 100 shares Realty. But had considered to enter there again strengthened, should the price crash again properly.
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@KevinC Unfortunately, this does not work. The double taxation still remains, even if you have not specified a saver's allowance, you will pay too much tax, because a domestic broker assumes that you will get the tax back from the US.
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@DerSteuerberater excellent answer. That explains the change in tax on the second payout. Means from enough distribution you would have to worry about the remaining 15% there. Very exciting.