Questions tagged [germany]

to be used for any question within the geographical region of Germany

Filter by
Sorted by
Tagged with
0 votes
0 answers
11 views

Germany Taxes on ETF

I use DEGIRO broker, and I live in Germany. I bought some (leveraged 2x) ETFS during March 2020, and sold them in March of 2021. How do I calculate my tax on this? this was an accumalating ETF. Please ...
user avatar
1 vote
2 answers
110 views

Are third-party vehicle insurances allowed to keep the no-claims class down in Germany?

Almost one year ago, I bought my first car. It's the first and thus far only motor vehicle registered/insured to my name. The insurance company just sent me this invoice: They told me that for the ...
user avatar
  • 892
2 votes
1 answer
50 views

Foreign Tax Credit for US Citizens: Levied/Accrued?

I am a US citizen living long-term in Germany, paid by a German employer. My taxes were deducted normally throughout the year from my paychecks, and sum to A. It turns out I overpaid a bit, by amount ...
user avatar
3 votes
1 answer
136 views

Broker wants to buy back stock over value (Kapitalmaßnahme Übernahme)?

My online broker approached me with a "Kapitalmaßnahme Übernahme - Ausschreibung". As I understand it, they want to buy the stock I hold in a specific company (US01609W1027). The offer is ...
user avatar
  • 195
16 votes
9 answers
4k views

Why is the mandated minimal liability car insurance coverage so high?

All over the world, you need car insurance that covers the damages you do to others. In Austria and Germany, this insurance has to cover at least 7 790 000 € of damages. Isn't it a bit high? This ...
user avatar
1 vote
2 answers
63 views

German PhD Student doing a Paid internship in USA for 3 Months. How to handle the taxes?

I am doing my PhD in Germany and get paid by the university. This autumn I am going to the USA (Massachusetts) for an internship at a software company. For those 3 months my salary from the university ...
user avatar
2 votes
1 answer
143 views

Can I appeal the cost of a rejected funds transfer from my bank account?

I recently ordered the transfer of 1000 Euros from my bank account in Israel to my bank account in Germany. After a while, when the money didn't arrive, I realized that I made a very silly mistake: ...
user avatar
3 votes
1 answer
86 views

Do I need to fill in my tax declaration in Germany?

Almost everywhere it is stated that if I am single and an salaried employee without additional income I do not need to present my tax declaration. However, I have read in a couple of places (for ...
user avatar
3 votes
1 answer
124 views

Private health insurance in Germany

I moved to Germany as a university professor two months ago. This month, I discovered that I am partially issured through the so called 'Beihilfe,' and that I have the option of choosing between ...
user avatar
  • 33
-1 votes
1 answer
153 views

Can you sell a liquid asset bellow market price to lower your taxes?

Imagine I bought 1 Bitcoin or any similarly liquid asset for 1.000 €. Imagine the market price went up to 10.000 €. If I sell at market value, I made a 9.000 € taxable profit. Is it legal to weasel ...
user avatar
4 votes
1 answer
134 views

Is scholarship tax free next to a salary?

Last year I received a six months research scholarship from DAAD within a collaboration with a Germany university. The total grant was around 21550 Euros. At the same time I was receiving my monthly ...
user avatar
1 vote
0 answers
42 views

Deducing purchasing power equivalent salaries under tax between two countries

I am trying to figure out how to compute the equivalent salary in a country B given a salary in a country A by taking into account purchasing power parity and tax rates in both countries. The ...
user avatar
2 votes
1 answer
89 views

German employee with stock options for a NASDAQ-listed company: eligible for Tax Treaty Benefits?

I am a German employee (German citizenship, living and working in Germany, no connections to the US) of a NASDAQ-listed company and have received stock options (more exactly RSUs, Restricted Stock ...
user avatar
  • 71
2 votes
1 answer
79 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 ...
user avatar
  • 21
1 vote
1 answer
129 views

Germany - How are Acc ETFs taxed after the first year of investing? (confused about how I can apply the calculation formula)

I just started investing in 2021 and upon reading how to calculate the tax I owe for my accumulating ETF, I realised I don't know how to apply the explanations found on the Internet to my situation. ...
user avatar
  • 13
1 vote
0 answers
64 views

Cryptocurrency exchange for US citizen living abroad

I am a US citizen born and living in Germany. I have never lived in the states. My father had been living in the state of New York before he moved to Germany (this seems to be important for ...
user avatar
  • 111
2 votes
2 answers
149 views

Are there any pitfalls to owning real estate as a student?

As title says, as a student in my 20s, are there any pitfals when it comes to (co-)owning (with sibling(s) or parents) a house worth say 500'000€? Taxes? Less chances of getting student scholarships? ...
user avatar
3 votes
1 answer
252 views

Do I need to sell stock to effectively use the German Sparer-Pauschbetrag (and if so, how much)?

In Germany, 801 Euros are exempt from the capital gains tax ("Sparer-Pauschbetrag"). There is a small tax on unrealized gains ("Vorabpauschale") but it is afaik negligible right ...
user avatar
  • 195
4 votes
3 answers
672 views

Private sale: Buyer requests receipt for payment before payment was transferred. How does this scam work?

I am selling something on ebay Kleinanzeigen (German equivalent to craigslist in the US). A potential buyer first acted like a private person in writing, rather young at age, maybe even a teenager. ...
user avatar
  • 143
2 votes
2 answers
245 views

How are so many stocks tradable via Frankfurt that are not listed there?

For example, Stellantis says it is listed on Milan's Borsa Italiana, Euronext Paris, and New York Stock Exchange (source). Still it has a ticker symbol FRA:8TI and is tradable at Frankfurt. How is ...
user avatar
0 votes
1 answer
99 views

Best way to pay taxes (German citizen living in US to work internationally)?

I am a German citizen living in the US on a J1 visa. I got an offer to work part-time remotely for a company in the UK. This company could hire me or I could work for them as a freelancer. Germany has ...
user avatar
  • 103
4 votes
1 answer
386 views

Buyer from abroad wants to pay by bank transfer and let it fetch by someone else. What should I pay attention to if I want to accept the offer? [duplicate]

I want to sell a couch over the internet (ebay-kleinanzeigen.de, the german pendant to craigslist). A potential buyer wants to pay almost the full price, but he is somewhere else (+1 504) and wants to ...
user avatar
  • 143
0 votes
1 answer
103 views

What is happening when a company wants to trade on a new stock exchange

I invested a year ago 5000 € in a company, listed on the Bulgarian (BG) stock exchange, because I really believed in their home automation products. Today it is doing well and after a capital increase,...
user avatar
12 votes
2 answers
1k views

What is the advantage of a Sparbuch, and how does this work?

In Germany, there apparently exists such a thing as a Sparbuch (literally: Savings book, apparently comparable to a passbook in the USA), mentioned in this answer. According to a recent news article, ...
user avatar
  • 2,686
3 votes
0 answers
49 views

Germany - Nebenbeschäftigung under 450 EUR classified as Steuerklasse 6 instead of Minijob all the time. Retroactively fixable?

I started a second employment in November 2019, with a monthly pay below 450 Euros, and I don't have any other second employments. I'm now doing my tax declarations, and I have just realized that all ...
user avatar
1 vote
0 answers
48 views

Sending International Transfer from Jordan to Germany

I am trying to send enrollment fee to a German account for my master's degree. The university provided me with details that included: Receiver name Bank name IBAN SWIFT/BIC Do I need to use all ...
user avatar
  • 11
16 votes
5 answers
7k views

Is my investment safe if the broker/bank I'm using goes into insolvency?

I'm using Scalable Capital as my broker. Once I buy ETFs through them, if Scalable Capital (or the bank they are partnered with) goes into insolvency, is my investment safe? I'm wondering if I should ...
user avatar
0 votes
1 answer
159 views

if my capital gain is less than 801 euros per year, then do I have to file any taxes?

In Germany, there is what is called a capital gains allowence of 801 Euro per year, so if I make less than 801 in profit by selling a share, etc. or getting dividends, then I don't have to pay any ...
user avatar
  • 373
1 vote
1 answer
186 views

What is the difference of buying Coca-Cola shares from the NYSE vs Xetra?

What is the difference of buying Coca-Cola shares from the NYSE vs Xetra? I understand that the NYSE is in USD and Xetra is in EUR but the question here is about risks, dividends, and any other ...
user avatar
  • 11
1 vote
2 answers
183 views

Starting investing in the UK or German stock market?

I am a German citizen but living and working in the UK. Starting my new job came with a higher financial benefit and stock options. I have never invested before but also don't want to waste this ...
user avatar
  • 113
2 votes
2 answers
154 views

What is the gift tax rate in Germany if I give my cousins money?

I would like to give a large amount of cash, about $75,000, to a cousin in Germany. What tax rate would they have for such a gift?
user avatar
3 votes
1 answer
114 views

Rough estimate of salary as freelancer equivalent to permanent [closed]

I have always worked as a permanent employee, but with so many companies working fully remote I am considering switching jobs. The thing is that most of the companies I am looking at are based in ...
user avatar
  • 131
3 votes
0 answers
66 views

Living in France & working remotely in Germany - Tax class

I am working remotely from France for a German university. The HR department is claiming they need to put me in class VI. They say that since I am a remote worker (I have a normal public sector ...
user avatar
0 votes
0 answers
61 views

Is a tax deduction possible for tuition fees in Germany?

If I already have a degree, and then pursue a second degree in an unrelated field, do the tuition fees lower my taxable income? What does it depend on? For example, assume that in 2022 I have an ...
user avatar
3 votes
0 answers
74 views

Selling apartment, what taxes do I have to pay?

If I understand the tax laws in Germany correctly, it is as follows: Case 1: If I owned the apartment at least 10 years I don't have to pay taxes if I sell at a higher price than I bought it. Case 2: ...
user avatar
0 votes
0 answers
69 views

Taxes, ETF domiciled in Germany for non residents

I have been living in Germany and investing in an ETF EXXT.de that is domiciled in Germany. However, all the companies in that ETF are US companies. When i leave Germany, am no longer resident and ...
user avatar
0 votes
2 answers
77 views

Tax for two fulltime jobs in the US and Germany for a non-US non-European citizen

I am a non-US + non-European citizen who is doing a postdoc in the US (under the J1 visa), in parallel, I have a full-time job (remote) in Germany. What will happen to my tax, shall I pay any extra ...
user avatar
1 vote
1 answer
71 views

Strange call options price in Germany?

Disclaimer: I'm a beginner in the options world, didn't do any trades yet, just researching. Today I looked at call options prices for BMW. On HSBC site I found this call option with expiration date ...
user avatar
2 votes
0 answers
95 views

DHL Notification - Receive package without ordering [duplicate]

Today, I receive a notification from DHL that a company named Brand Addition Gmbh Hagen, that they have sent me a package. I have neither heard of the company, nor ordered anything from them. I also ...
user avatar
0 votes
3 answers
154 views

Must I to pay a 2% commission if I invest in a mutual fund via an online broker?

If I invest in mutual funds via one of the online brokers; such as Interactive Brokers, Fidelity, Vanguard, etc.; do I need to pay a 2% commission to the exchange in which the shares are bought? If so,...
user avatar
  • 373
1 vote
3 answers
397 views

Put option - exercise when it expires but don't have enough money to buy stocks to sell

Ok, so here is my plan. I wanted to buy put options which will sell Tesla stock at Strike price 900 Euro in June, 2021. The price for an option is 2.3 Euro and I will buy 1000 options (total cost to ...
user avatar
1 vote
1 answer
73 views

Bank account in Germany for non-EU-residents?

I am a Brazilian student with a German PhD contract scheduled to start on April 1st, but due to the COVID pandemic which is significantly bad in Brazil, the local German consulate cancelled all visa ...
user avatar
4 votes
0 answers
79 views

Bringing life savings from KSA to Germany

I recently moved to Germany and my partner is planning to join me in a couple of months. We used to work in KSA and have a sum of money greater than 10 000 euros saved up from our work back in KSA. I ...
user avatar
1 vote
2 answers
248 views

cashier check and interest rate

I see news that in Germany banks are asking people to take the money to other banks and need to pay bank negative interest to keep money. A co-worker pointed a strategy that we can possible use in USA,...
user avatar
  • 558
2 votes
6 answers
282 views

Why do credit unions in Germany charge a monthly fee (Kreditvereine Kostenloses Girokonto)?

I recently moved to Germany, and I was shocked to discover that almost all of the credit unions (Kreditvereine) and banks here charge a fee just for me to give them my money. Why? Background: I'm from ...
user avatar
4 votes
3 answers
572 views

Are distributing ETFs always better than accumulating ones?

I am trying to decide between investing in a distributing ETF or an accumulating ETF and to me the distributing ETF seems clearly to be the better option. Since so many people invest also in ...
user avatar
1 vote
0 answers
36 views

how does the taxation works if contract is from Spain and you are working in Germany

I am a resident in Germany and will have a contract from Spain. My work location will still be in Germany. Which country should I pay my taxes? How can this be arranged by payroll?
user avatar
  • 11
3 votes
1 answer
59 views

Protect "Riesterrente"-retirement account from downside of liquidation

My mom has a german retirement portfolio called "Riester-Rente". Portfolio is mix of bonds and an international fund (DE0008491051). Long explanation: As part of legal compliance, they need ...
user avatar
1 vote
1 answer
129 views

Suggestion for my ETF portfolio to invest in Germany?

Below are my 3 ETFs to invest in Germany via Trade Republic as I will need to pay tax here (first 800 Euro is tax exemption). This is my first time ever to invest in stocks and I will hold it for 5+ ...
user avatar
1 vote
2 answers
134 views

Investing in Germany

I am an international student and I have an interest in stock markets.I work part time at McDonalds so my tax class is 1. If I were to start another job then I would have to keep one of my income to ...
user avatar

1
2 3 4 5 6