hTTi

My wife is considering registering herself as a small business - teaching Japanese language online. We expect her income (or is it called turnover? whatever...) will average ca 500-600 eur/month. Costumers/students will be mostly from Germany, UK, China, Hong Kong, Taiwan, Japan, mostly individuals...

I will not miss them. I have 6 supermarkets I can reach on foot. I also have 4 supermarkets within 1.5km of my apartment, which is certainly within walking distance as I don't have a car, but the reason for a delivery service is... Come on, you know the answer to that, get a Getränkeservice to deli...

Non-German books at Thalia.de 17% off English (or French or Spanish or Italian or Portuguese or Russian or Turkish) books at Thalia: https://www.thalia.de/kategorie/englische-buecher-881/ 20% off if you're a member of their free KultClub (for which you need Payback, which you can also sign up for v...

For countries that aren't on the "Satellite app" list for the free 100 minutes, if you're calling from a Telekom landline, you can just use gold old call-by-call until the end of 2024, when it will be discontinued: https://www-inside--digital-de.translate.goog/news/telekom-millionen-kunden...

Sipgate's Satellite app Gives you 100 minutes of free phone calls to over 60 countries (see below for list), both landline and mobile, every month: https://www.satellite.me/ Prerequisite: you need to have a data connection, either via wifi or mobile data. What you need to do: install the app on you...

Does it not also apply to people who have acquired over 500 000 of an ETF? E.g. if I receive an inheritance of 550 000 and purchase shares via an ETF, I would also be liable to pay the exit tax. Yes, but in that case, a colleague of mine has come up with a workaround, i.e. you can still avoid exit ...

I am most interested in Artikel 11 Änderung des Investmentsteuergesetzes, specifically 5.2.b: im Zeitpunkt der Veräußerung im Sinne des Satzes 1 unmittelbar oder mittelbar Investmentanteile an dem Investmentfonds hält, deren Anschaffungskosten mindestens 500 000 Euro betragen https://www.bundesrat....

The problem is the e-commerce and dropshipping, most Steuerberater avoid such clients.
You could ask Sarah Czarnowski for a quote, she is specialised in e-commerce: https://www.czarah-steuerberaterin.de/

Are there likely to be any changes to the law when it is discussed in the Bundesrat? There will be some minor changes, e.g. the lawyers are not happy that it forbids them to use their lawyer-specific electronic bEA software from being used to write messages to the Finanzamt, so they will get overtu...

Or will they attempt to apply the new rules on ALL of my gains, meaning I should start selling now!? That's it. And to be clear, them taxing only the gains (= difference between what was paid in and what was paid out) was the old rule. The new rule is that you have to tax 100% of the withdrawal (= ...

Stop flogging a dead horse, contributions into a Roth are by their nature after-tax and therefore never tax-deductible. Explanation what a Roth 401k is: https://en.wikipedia.org/wiki/Roth_401(k) "It was authorized by the United States Congress under the Internal Revenue Code, section 402A,[1] a...

Could you perhaps point me to the part of the German tax code that explains why after-tax contributions in the US are not deductible in Germany but pre-tax contributions are? I'd like to share this with my accountant. It's not in the German tax code, it's in article 18A of the double taxation agree...

Andy P wrote: ↑Wed Nov 06, 2024 10:45 am If I keep my existing SIPP until I die, and the Investments within it then pass automatically to someone in the UK, am I right in thinking that this would be subject to inheritance tax in Germany but not income tax in Germany.

Yes.

To confirm my interpretation, which may also be useful to others who have a UK SIPP or similar foreign pension, which is taxable in Germany: If benefits are encashed before 31.12.2024, they will be taxed in Germany as a normal investment fund, i.e. only on the capital gain. If benefits are encashed...

Roth aren't tax-deductible in the US tax return either. I didn't explain my question clearly. What I meant was are ROTH contribution I made in the US deductible in my German return? No. I didn't think I had to do a rollover. I have been working for the same employer since 2018 and have a pension ac...

Are we comfortable with this split of 75% remaining taxable only in the UK and the tax-free 25% taxable only in Germany? I ask because I thought we had concluded that that it is not the case, and that the whole pension falls to be taxed only in Germany because the "effectively taxed" clau...

Are ROTH contributions tax deductible? Roth aren't tax-deductible in the US tax return either. And you never get to lower your income through contributions made by your employer. Only your own pre-tax contributions into an eligible US pension plan can lower your taxable income. Any contributions yo...

I’m still a bit uncertain about this. In my previous message, I concluded that the change as set out in law applies only to company pensions (my interpretation of Versorgungseinrichtung), and therefore should not apply to a UK SIPP. However, PandaMunich’s original description says it applies to a U...

I used camelcamelcamel.com first: https://de.camelcamelcamel.com/ but it had some problems a few years ago (which they have resolved in the meantime), so I googled "price watch Amazon" to find an alternative and that's how I found Keepa, which had even more functionality than camel. Please...

Thanks for that. I managed to order for that price. But this offer seems to be over by now. Yes, it's over now. ************************************************************** I have it on price watch, that's how I knew when that time-limited deal was on, I got an e-mail from Keepa.com. I use the fr...