Private capital gains from stocks in 2011
May 9, 2012 | 40,00 EUR | answered by Dr. Yanqiong Bolik
Dear Sir or Madam,
In 2011, I made less than EUR 600 in private capital gains from stocks. Will this amount be treated as tax-free?
Secondly, can the so-called stamp tax be credited as ancillary costs of acquisition?
Thank you in advance.
Best regards
Dear inquirer,
Thank you for your inquiry, which I am happy to answer taking into account your effort and the rules of this platform.
Please note that my explanation is based on the facts presented, and that adding, omitting, changing information, or the ambiguity of information can change the tax result.
Due to the changes and additions made by the Corporate Tax Reform Act 2008, profits from the sale of shares in private assets from 2009 onwards are allocated to income from capital assets according to § 20 para. 2 sentence 1 no. 1 EStG. In principle, all capital income flowing into private assets is subject to income tax, so it is not tax-free.
The acquisition costs are determined according to §§ 255 para. 1 HGB and § 6 EStG. Accordingly, the acquisition costs are necessary expenses to transfer the individual capital investment from external to internal economic control. To the extent that stamp duty was necessary for the acquisition of the capital investment, it is included in the acquisition costs.
I hope I could be of assistance to you.
If there is still any uncertainty, please feel free to use the follow-up function.
Best regards,
Dr. Yanqiong Bolik
Tax consultant
Bildstöckle 6, 70567 Stuttgart
Tel: +49 (0)711 / 2132 1815
Email: info@zdbz.de
www.steuerberatung.zdbz.de
