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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

You can also apply to the broker for a no-value derecognition in order to eliminate any unused parts.

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Chris@Multibagger

@Get_Rich_or_Die_Tryin Does the last value then actually go into the loss pot?

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jkb92@jkb92

@Multibagger no, there's a separate training pot for that 😬

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Brian@Aktienhauptmeister

@Multibagger I guess so, right? It counts more or less as a sale if the share "disappears" from the portfolio

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

@Aktienhauptmeister @Multibagger Derecognition without countervalue ensures that the values are derecognized. Without countervalue.🤷🏼‍♂️ So there is also no tax countervalue in the sense of an offsettable loss or similar. Certainly not ideal, but better than being a dead weight (in my view).

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Dividendenopi👴@Dividendenopi

@Multibagger nope, is recorded on the annual tax statement as having no countervalue and can be claimed for offsetting in the KAP annex

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Dividendenopi👴@Dividendenopi

@Get_Rich_or_Die_Tryin A sensible broker should do this automatically and report it accordingly.

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Get_Rich_or_Die_Tryin@Get_Rich_or_Die_Tryin

@Dividendenopi I'm with you.😉 I actually have the need to instruct my broker to do this for a remaining position, as fractional trading is no longer possible after the relocation.🤷🏼‍♂️

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Dividendenopi👴@Dividendenopi

@Get_Rich_or_Die_Tryin if there is somehow still a price of 0.00001 cents, then yes via collective sale on application. The company still exists and the shares will certainly get an OTC price and trading place somewhere. Maybe someone will take over the company as a SPAC, then there might even be something left

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Chris@Multibagger

@Dividendenopi that will rise like a phoenix from the ashes.😉😎😂

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Dividendenopi👴@Dividendenopi

@Multibagger I wish it to all those who still have shares. Wouldn't be the first time that a dead cat bunce comes here somewhere in OTC trading before the store is pulverized

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