Income from investments
Despite the new withholding tax system in Germany introduced in 2009 („Abgeltungsteuer“), there remain a couple of reasons to include income from investments in your individual income tax return.
If, for example, your individual tax rate is below the withholding tax rate, taxes withheld by the banks will be (partly) refunded in the course of the income tax assessment. The inclsuion of investment income in your annual tax return can also be beneficial if the saver’s allowance (“Sparerpauschbetrag”) has not been fully used.
If you receive income from investments abroad, we will be happy to review whether this income is subject to German taxation.
If you built-up tax losses (carried forward) in the past by purchasing and selling securities, stocks and bonds, we will be happy to advise you how these losses can be optimally utilized.