No, unfortunately, but I think you have to do a lot of trading and they probably only take the profitable ones who can do it 🤣
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@BamBamInvest I already have a 5-digit KEST balance this year and many hundreds of trades 🙈
Has never been an issue - I think the savings package sends its regards 🥲
Has never been an issue - I think the savings package sends its regards 🥲
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•@TomTurboInvest To be honest, I wouldn't worry too much about it, even if you get a fine, it will probably be limited. According to the Austrian philosophy, it's better to carry on and in the worst case, I'll pay the fine 🤣
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•@BamBamInvest I'm more concerned that they don't classify me as a commercial trader, then it's no longer 27.5% but by income.
But I'll let that come to me, I can't trade less either 🤣
PS I'm also in the process of reducing my working hours, one day less😬
Not that all this will be used for "consideration"
But I'll let that come to me, I can't trade less either 🤣
PS I'm also in the process of reducing my working hours, one day less😬
Not that all this will be used for "consideration"
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@TomTurboInvest Don't panic. The way it was, the way it is and the way it will be. I don't like this tax consultant. Maybe he's jealous, maybe he's clueless or a combination of both. If you need one at all, I would find someone else. A commercial trader is someone who trades commercially. That's not the case with you. 😇
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@Iwamoto the tax advisor is ok, I need him for the apartments and that fits perfectly. They have little to do with shares, especially "non-tax-simple brokers", but there are generally few who offer this for many traders. He only pointed this out to me because there is a danger if the tax report only lists transactions for pages on end. The stupid thing about Austria is that there are no clear rules. It's a matter of discretion in individual cases.
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•@TomTurboInvest I already understood that, but I wouldn't worry so much about that, it must be very bad that they fish you out 😁 Sbet that's exactly what Austria is 🇦🇹 they do what they think is right 😂
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•@BamBamInvest It's not that simple, there are a few criteria and it's not just decided on a whim. Here, for example, you can read about it: https://findok.bmf.gv.at/findok/volltext(search:standardsearch)?documentId=bc63375d-92f9-457b-8083-59d4545aaae2
Incidentally, the situation is similar in Germany.
Incidentally, the situation is similar in Germany.
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•@Solitair I meant that rather facetiously, I'm well aware that the people in question take their job first. PS: I can still copy the link from my cell phone 😁
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•@Solitair Thanks for the link - for me, only the number of trades and the volume could be viewed critically. And it was just a hint from the tax advisor that you should be careful with the number of trades - there are already more than 500 in a year - actually not wild. I also received this advice for the first time and thought to myself - ask the community if this has ever happened to anyone.
I think I can find enough arguments to justify doing it privately - albeit quite ambitiously 🙄
I think I can find enough arguments to justify doing it privately - albeit quite ambitiously 🙄
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@TomTurboInvest Do you actually track them with portfolio performance or something? I imagine it would be very tedious with 500 trades 😊
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