Search found 2 matches

by panta_rei
Tue Feb 25, 2025 4:21 pm
Forum: Taxes & finance
Topic: German taxation of foreign interest bearing account
Replies: 39
Views: 153516

Re: German taxation of foreign interest bearing account

There will be the Vorabpauschale to tax for accumulating ETF, even if you don't sell anything. You have to tax that just for owning investment funds. Wrong(*). There's not tax for just owning an ETF. There is Vorabpauschale for owning an investment fund that increases in value during the year if Ba...
by panta_rei
Thu Feb 13, 2025 2:24 pm
Forum: Taxes & finance
Topic: German taxation of foreign interest bearing account
Replies: 39
Views: 153516

Re: German taxation of foreign interest bearing account

Scenario : DE citizen & resident, owning shares in a US broker (RSU's resulting from work package compensation). Shares are sold and cash (USD) gets deposited in US broker on July 1st, 2024. At that time, 1 USD = 0.9307 EUR. No actual cash transfer/conversion takes place, everything stays in US...