Search found 3 matches

by runandnap
Sat Jul 12, 2025 1:50 pm
Forum: Taxes & finance
Topic: German taxation of foreign interest bearing account
Replies: 47
Views: 157647

Re: German taxation of foreign interest bearing account

Thank you, PandaMunich! :) But you do know that you will still, additionally, have to calculate (and tax) as capital income the currency profit or loss that was incurred for this capital during the year that this capital had been invested? And you realise that you will also have to calculate (and ta...
by runandnap
Sat Jul 12, 2025 9:25 am
Forum: Taxes & finance
Topic: German taxation of foreign interest bearing account
Replies: 47
Views: 157647

Re: German taxation of foreign interest bearing account

In 2023 I opened a one year (renewing) CD with a bank in the US, and chose the option to pay out the interest after the year, thinking this would minimize how many interest payments I'd need to keep track of. But it turns out that the interest was still credited to the CD monthly, even though it can...
by runandnap
Mon Apr 01, 2024 3:41 pm
Forum: Taxes & finance
Topic: German taxation of foreign interest bearing account
Replies: 47
Views: 157647

Re: German taxation of foreign interest bearing account

While I wasn't involved in the discussion and can't really be of any help with the topic itself, it seems at least the first page of that thread has been archived at the location here: https://web.archive.org/web/20231207012915/https://www.toytowngermany.com/forum/topic/393271-starting-with-2024-for...