Questions tagged [european-union]
for questions that relate to the laws, practices, and products of the European Union (EU).
247 questions
1
vote
0
answers
51
views
How to manage EU import duty relief on personal possessions when moving to one EU country but temporarily storing them in another?
I'm currently based in the UK. I got a job in Germany but it's unlikely I will be able to get permanent housing until much later into me being here (due to the horrid rental market in Berlin). I'd ...
- 161
0
votes
1
answer
91
views
Is FATCA mostly for other countries to report to the USA?
I have read the FATCA agreement for my country:
https://home.treasury.gov/system/files/131/FATCA-Agreement-Bulgaria-12-5-2014.pdf
I noticed things like the following passage and similar:
It seems to ...
- 365
4
votes
6
answers
2k
views
Calculate which loan to pay first
I have 2 loans (mortgages) and wondering how to calculate which one to pay off first (there are some special conditions):
Loan A:
260.000€ over 35 years. 3,75% p.a. (4,1% p.a. effective), ~1180€/month ...
- 241
1
vote
0
answers
90
views
How much money does the de minimis rule save on small orders?
There is a certain amount of controversy about some online retailers use of the de minimis rule to avoid tax. I have not found anywhere that specifies how much this tax would be. An example article ...
- 490
1
vote
0
answers
111
views
What happens to stock bought in banks in case of bankruptcy?
There is a Bank Guarantee Fund (in Poland, and similar stuff in other countries) which protects up to 100 000 EUR in case of bank problems, i.e. going bankrupt. Now, there are banks which offer ...
- 11
4
votes
0
answers
378
views
Is withdrawing cash from a broker in margin in Europe prohibited?
Since about 2 years its impossible to simply withdraw cash from interactivebrokers in Europe on margin. You can buy more stock on margin, but you can't withdraw cash.
Is this something regulatory ...
- 365
0
votes
0
answers
94
views
Avoiding unfair exchange rates on money earned in the Czech Republic as a non-EU citizen
I'm a British citizen. Last year I worked a summer job in the Czech Republic, an EU country, while on a scientific research visa. I was paid in Czech koruna (CZK). As of February 2020, I am not an EU ...
- 129
1
vote
0
answers
137
views
Can an individual insure oneself against the potential liability placed on software developers by the Cyber Resilience Act?
I asked a question on law about the responsibilities placed on open source software developers globally who want or have to stop work by the forthcoming EU Cyber Resilience Act. The answer has ...
- 490
4
votes
3
answers
319
views
Is it sensible to skip Europe altogether in my asset allocation given my situation?
I am 31 years old. For health reasons I am bounded to live in a European country, where I was born and have access to the public healthcare system.
I currently hold a modest portfolio with 20% bonds - ...
- 271
1
vote
1
answer
4k
views
Is IBIS2 the same exchange as AEB in Interactive Brokers?
I am trying to buy some SPDR MSCI World UCITS ETF in Interactive Brokers. Its ISIN is IE00BFY0GT14.
When I search this ISIN in Interactive Brokers, I see in the search results that I can buy it from ...
- 209
0
votes
2
answers
438
views
Potential EU Tax Residency and Ownership of US ETFs
I'm currently considering the possibility of obtaining EU tax residency in the future, and I'm aware of the restrictions that EU tax residents face when it comes to purchasing US-based ETFs due to ...
- 21
3
votes
1
answer
216
views
Are moving services from the EU to outside the EU subject to VAT?
I'm moving my household from Austria to Canada and have sourced several quotes from international moving companies based in Austria. The quotes are very different as to how they treat VAT:
Some of ...
- 238
0
votes
0
answers
61
views
What late payment fees would apply for a self-employed person in the UK on contract with a French company?
I am owed payment for a contract from a French company, which is now 6 months late. The UK and EU law both stipulates 30 days is the maximum amount of time that can pass before late payment fees are ...
- 1
2
votes
0
answers
281
views
Selling property abroad and transferring the money in the UK
I am a UK citizen and there is a property in Greece that my family wants to sell. It is an old property which I (and three more family members) inherited and paid taxes normally. The facts:
The ...
- 217
1
vote
0
answers
47
views
Why Dividend Yield differs for the same company on different birga?
Why European tickers of American dividends stocks has not dividend yield?
Does it mean that for dividend strategy I should buy on US birgas, not on local European ones? Will it affect my taxes?
For ...
- 171
4
votes
0
answers
120
views
Consequences of small bank debt in EU as citizen of another country
I have a bank account in France that I created when I lived there about 10-8 years ago. A year ago this account started charging a monthly fee that didn't exist before, and then I started trying to ...
- 141
0
votes
1
answer
1k
views
How to determine which exchange to use for a long term European investment?
I am a permanent resident in Italy and I'm starting to make a long term investment of monthly fixed purchases (10+ years) in Vanguard S&P 500 UCITS ETF USD Acc (IE00BFMXXD54).
I am using a broker ...
- 101
-1
votes
1
answer
142
views
Difference between inflation and devaluation of euro?
Scope
To limit the scope of this question, it focuses on the Euro only.
Assumptions
I assume there is a difference between the devaluation of the Euro, and inflation. This assumption is based on the ...
- 93
2
votes
0
answers
53
views
availability of high multiple leveraged ETF in developed world [closed]
Is there any country or exchange where highly leveraged ( such as 5X, 8X or 10X ( instead of 3X) ETF/ETN are available for trade. I remember seeing something like this in news but could not locate ...
- 1,026
2
votes
0
answers
130
views
When were KYC questions introduced in the EU?
The Wikipedia page on KYC doesn't provide that information. I believe it happened a few years after 9/11 so it is hard to google — all results I get are much more recent.
Specifically, I am interested ...
- 357
23
votes
1
answer
7k
views
What is the data before 1999 for EUR to USD on Google?
If you search eur to usd on Google, you'll see a chart.
The chart starts from 198x as below:
However, on this Wikipedia page. It says
The euro came into existence on 1 January 1999
Is it a Google ...
- 2,527
1
vote
0
answers
48
views
Do I apply VAT charges on my invoice?
I am a consultant and did some work for a company in Norway.
Until now I have worked with companies that are registered on VAT (in other European countries) and I am informed by my accountant to add 0%...
- 111
1
vote
0
answers
72
views
As a EU citizen, are there any low-effort diversification options that could protect me against inflation or a local crisis?
The recent political events in the EU and in my own country (Poland) led me to reconsider my current saving scheme and I'm looking for a low-effort way to diversify what I have in order to better ...
- 197
2
votes
2
answers
206
views
Where do international students pay taxes?
I am a citizen of one EU state studying in Germany and would like to start investing. As far as I am concerned, I am considered only "temporary living" in Germany. In this case, where would ...
- 21
0
votes
1
answer
104
views
Tax when employed in UK, living in Austria or Germany
I am employed by a UK-based on profit on a remote contract. If I were to move to Germany or Austria as an EU citizen, and continue working remotely at my UK job, what would be the tax implications. ...
- 193
0
votes
1
answer
92
views
Will moving from the UK abroad mean I don't have to pay tax on my property income below my personal allowance?
I have a property in Scotland where I will earn under £10k on when I rent it out (currently I live in it)
If I live in the UK at the time, and make say £40k I will earn a total of £50k with the ...
- 137
0
votes
0
answers
365
views
Does it matter on which exchange and which currency I buy ETF?
I am citizen of EU member state and using Interactive Brokers. I am in for a long time and let's say I am averse to euro, so I focus on US equity ETFs. As EU citizen, I have to buy their UCITS ...
- 101
2
votes
1
answer
71
views
VAT for imports from UK to EU for private customers after Brexit
Suppose I am a private person living in an EU country (in my case in Germany) and I want to order some products from a shop resided in UK. Suppose that I request the product via email and the UK shop ...
- 121
0
votes
1
answer
303
views
settling VAT in gnucash
I don't think I completely get how gnucash handles VAT.
I'd like to settle the VAT account in gnucash. Each quarter the governments sends a bill of the total VAT owed (VAT on sales - VAT on purchases)
...
- 101
1
vote
0
answers
87
views
Can a SEPA direct debit be refunded in case of bankruptcy?
Payments via SEPA direct debit (customer to business) can, in normal circumstances, be refunded unconditionally from the client's bank's website for eight weeks after the date of payment. Is this ...
- 111
0
votes
1
answer
91
views
VAT for SaaS in the European Union
Supposed there is a company of type "limited liability" with VAT-number based in Germany.
Now this company found a customer in France for an SaaS (software-as-a-service) product which costs ...
- 103
1
vote
0
answers
202
views
Reclaiming missing Revolut SWIFT transfer
I've sent a SWIFT transfer from my Revolut account to a Polish bank account (owned by my father). After sending it, I was asked for additional details (presumably because the amount was relatively ...
- 131
2
votes
1
answer
140
views
Double taxation of US person receiving income from EU corporation
Between EU companies, money can be passed between parent and subsidiary without taxes.
As a US citizen, if I own a European company and distribute earnings, I will be taxed on the earnings upon ...
user32205
3
votes
0
answers
100
views
Stamp duty on UK share purchases made by non-UK residents
I am a UK ex-pat living in the EU and have recently bought shares in two different UK companies using an EU-based broker. Following the transactions I was surprised to find that there was no stamp ...
- 31
2
votes
2
answers
764
views
Starting as a sole trader under pre-settled status
I've been in the UK for the past 4 years and I have a pre-settled status.
I am currently an employee but I'm considering switching to freelancing/sole-trading to start working with a company abroad.
...
1
vote
2
answers
235
views
Can capital gains be offset with transaction fees?
If you make a 2.5% capital gain on Dogecoin, but then pay that same amount in transaction fees, do you still have to pay capital gains tax?
Or can the capital gains be offset with the loss incurred ...
- 256
7
votes
1
answer
729
views
What does it mean when an ETF has a negative turnover rate?
In the fact sheet of Vanguard FTSE All-World UCITS ETF (accumulating), I see that the fund has a negative turnover rate:
The ETF has a turnover rate of -28%. How can the turnover rate be negative? ...
- 17.2k
1
vote
1
answer
2k
views
Japanese scammer through shipping proxy
Someone close to me was scammed the following way and I'd like to know which course of action to take is best.
The buyer is based in Denmark and bought a product from Yahoo Auctions (Japan). To do ...
- 113
0
votes
1
answer
55
views
SEPA Debit received after invoice due date
I (a one-person company) use services from another company that invoices me every month with a 15 day payment term.
They also charge me automatically via a SEPA direct debit mandate, but their charges ...
- 128
2
votes
1
answer
147
views
If I am employed by a UK company and change country of residence regularly, will I have to pay income tax anywhere?
I am a salaried employee in a UK company and currently have income tax automatically deducted from my monthly pay in the normal PAYE way.
I am considering, covid-19 permitting, of going "digital ...
- 121
1
vote
1
answer
86
views
How are sovereign bond interest rates determined? [closed]
They are a lot of questions about the price of a bond or its yield.
How would bonds fare if interest rates rose?
Why would I not buy a bond for less than face value?
Why invest in long term ...
- 111
1
vote
1
answer
87
views
Are companies listed on Euronext Growth and Euronext Access required to publish financial statements?
Companies listed on the Euronext stock exchanges are classified into "Euronext", "Euronext Growth" (formerly known as Alternext), and "Euronext Access" (formerly known as ...
- 17.2k
2
votes
1
answer
209
views
Why does iShares duplicate ETFs for US and EU (even pre-PRIIPS)?
Why do ETF issuers create near-identical versions of their ETFs for the US and Europe? This seems to have been common long before the current PRIIPS situation.
E.g. iShares Core MSCI Emerging Markets -...
- 129
3
votes
0
answers
426
views
Living in Germany, working remotely for a Swiss Company- taxes?
I am an EU citizen, living in Germany.
I was offer the possibility to work 100% remotely for a company in Switzerland, a "classic" employment contract. I will not be an Grenzgänger. I ...
- 31
1
vote
0
answers
32
views
non resident of Canada , taxes due on sale of shares in Canada
I am a resident of a EU country with a double tax treaty with Canada. I pay dividends at source on shares I own in a Canadian bank. What happens when I sell the shares, am I taxed on any gains in ...
- 11
5
votes
1
answer
8k
views
Will I pay customs fees when ordering a “sold by Amazon EU” good on Amazon UK?
I would like to buy a ca. £75 item on amazon.co.uk which is “Sold by: Amazon EU”, and to be delivered in the UK (England).
The confirmation pane looks like this (promotion = free delivery):
Question: ...
- 1,083
1
vote
0
answers
31
views
Legally avoiding foreign Tax on Junior and Investment ISA while living abroad
I love the ISA investment account and I'm now considering investing in a Junior ISA for my newborn son.
I understand that if you have any these accounts open while you live abroad then you are not ...
- 11
2
votes
0
answers
34
views
Do I pay vat on digital goods from EU in the UK?
As a B2C purchase I am wondering if I should be charged for VAT.
The company is from Spain
I am from the UK
I have found it hard to pinpoint an answer for this online.
- 219
2
votes
2
answers
188
views
Can you transfer holdings from an ISA account into a regular broker account in-kind?
I haven't found any info on this. I learned that I cannot bring assets into an ISA (see e.g. here), but there is no mention anywhere about taking assets out of one. I know the government expects to ...
- 43
2
votes
1
answer
89
views
Liquidity of ETFs and Authorized Participants
I will buy the Vanguard Ftse All-World Units Etf A through my bank on Borsa di Milano (the Italian Stock Exchange). I have been told by the financial advisor of my bank that these assets have a small ...
- 135