New law: exit tax for ETFs (from 500k)

[alma.freya]

This might be an interesting development to the exit tax for anyone who invests in ETF and is considering migrating from Germany in the future:

The Bundestag is set to pass the Annual Tax Act 2024 this afternoon. At the initiative of the Bundesrat, the law also includes an exit tax on ETFs:

• If you move out of Germany, you will be taxed as if you had sold the ETFs at the current price when you left. Taxes are assessed even though there is no inflow of liquidity.
• “All-clear”: Only applies from an acquisition cost of €500,000 per ETF (solution: switch to another ETF with the same index shortly before reaching €500k )

For further reading (page 63 ff.): https://dserver.bundestag.de/btd/20/134/2013419.pdf

Translated using DeepL

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