Questions tagged [germany]
to be used for any question within the geographical region of Germany
302
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Sending money to a correct IBAN but a non existing swift code, shall the transaction be processed? [duplicate]
I made an international transaction from my bank account in EGYPT to my German blocked account in Germany and while doing the bank transfer I entered my IBAN and it was a correct one, while I had to ...
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0
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89
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Can International students day trade (Forex and Metals) in Germany on Student Visa?
I got an admit in a German university for my masters degree. I day trade XAU/USD with a prop trading firm (FTMO) under their funded trading program. Is it legal to day trade in Germany on student visa ...
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2
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93
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Transfer money from German Postbank to USA
I am moving back to USA and need to send my money back to my USA bank.
Tried to test send €100. Money never received in USA. Could someone please explain the correct information for these ...
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3
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1
answer
91
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Alternative (simplified) way of calculating loan repayments
I'm working on a small program to calculate, among other things, mortgage/credit repayments. Searching the internet I got what appears to be the typical repayment formula.
principal 100,000 at 2% ...
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1
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115
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In Germany, do insurance payouts get taxed?
I live in Germany and I am a full-time employee.
I subscribed to insurance in a foreign country, on top of the German statutory insurance.
The main benefit of this insurance is that, after 5 years of ...
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2
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105
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Caveat for participating in a private retirement fund sponsored by German "Riester-Rente"?
In my occupational pension scheme (VBL) I can, in addition to the legally required private pension insurance (VBL klassik), opt-in to extra private pension insurance (VBL extra). The latter is ...
- 3,121
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85
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Avoiding taxes on a money gift in Germany
I'll come to Germany for the first time in 2023 to study in a German university as a foreign student. I am from the country of Georgia. My mother will soon give me a money gift by transferring it from ...
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52
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What is my Tax Liability Germany when working in multiple countries?
I am currently working for a Company in Germany for 1 month and after that I will be working for another 5 months in Greece (from distance for the same company) where my permanent residence is. I was ...
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Should I move my AUD ETF positions to EUR during a EUR weakness?
I used to work in Australia as an expat but since have moved back to Germany with no intentions to return.
In my depot I have a 35,000 AUD iShares Core S&P 500 ETF (IVV.AX) position including 5-...
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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 ...
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2
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153
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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 ...
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2
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1
answer
53
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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 ...
3
votes
1
answer
148
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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 ...
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9
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4k
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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 ...
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107
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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 ...
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2
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1
answer
213
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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: ...
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1
answer
112
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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 ...
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3
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1
answer
149
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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 ...
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1
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159
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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 ...
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1
answer
138
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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 ...
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0
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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 ...
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2
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1
answer
107
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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 ...
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2
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131
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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 ...
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158
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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.
...
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0
answers
86
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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 ...
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2
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158
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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? ...
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3
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1
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270
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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 ...
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3
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914
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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. ...
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2
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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 ...
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1
answer
114
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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 ...
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1
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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 ...
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1
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106
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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,...
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2
answers
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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, ...
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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 ...
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52
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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 ...
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16
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5
answers
7k
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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 ...
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1
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175
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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 ...
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1
answer
259
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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 ...
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2
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194
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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 ...
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2
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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?
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1
answer
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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 ...
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3
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0
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73
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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 ...
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83
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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 ...
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75
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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: ...
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votes
2
answers
100
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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 ...
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73
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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 ...
2
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0
answers
102
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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 ...
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3
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157
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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,...
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4
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692
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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 ...
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1
answer
79
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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 ...
