Hello, In 2016, after the termination of my unit-linked pension insurance, the accumulated fund shares were transferred to my private securities account. The pension insurance was taken out before 1.1.2005, with a minimum term of 12 years, a minimum ...
Good evening, I co-own a real estate portfolio in Germany with my ex-wife as a GbR. Each of us owns 50%. The portfolio was not subject to separation of property. We are both registered in the land register. Rental income flows into a joint account, f...
Good day, I have the following question: Since 2010, I have been employed as a lawyer in a company that has been deducting pension contributions to the German Pension Insurance (employer and employee share) to the Deutsche Rentenversicherung. At th...
Hello, Approximately 20 years ago, I purchased a condominium in Thuringia as a capital investment. A mortgage was taken out, which was made repayment-free and linked to a life insurance policy that will repay the mortgage upon maturity (2025). The ap...
Dear tax advisor, I am (still) a small business owner in terms of tax law and work in the sound engineering and media industry. There is a freelancer portal in the U.S.A. where I am registered and receive job assignments. Payment is made through Pay...
Dear Sir or Madam, I have been receiving sick pay since 10/10/2014 and it looks like I will still be ill for the whole year (2015). My employer has now terminated my employment as of 31/05/2015 and we have agreed on a severance payment of €30,000. I...
The situation is as follows: I run a GbR (partnership) together with my brother. I earn about 60,000 euros per year. My brother owns a 2% stake in the company. After all deductions, this results in a net income of about 40,000 euros for me. I have...
How are success- or performance-based bonus payments that a trader can earn through social trading platforms such as Wikifolio taxed in Germany? In order for the question to be considered answered, please address all sub-questions 1-4. If you are un...
I was offered a severance agreement with a payout by December 31, 2014. I can choose the date of the payout for 2014, 2015, or 2016. Since I am expecting other income in 2015 (a temporary employment in another company), I wanted to choose the payout ...
Hello, I am an entrepreneur based in Germany. My customers can pay online with so-called Paysafecards. From CashRun AG (in Switzerland), I receive my monthly payout (in the following month) of the sum of redeemed value cards minus 15% fees. Now my q...
My husband is Swiss and lives in Munich. This year, he withdrew the 3rd pillar (approximately 230,000 CHF). In Switzerland, about 26,000 CHF were immediately deducted as withholding tax. Is it correct that he can get this tax back if he declares this...
Dear Mr. Burchardt, 1) We are German citizens, living in the USA for about 14 years, and are planning to return to Germany at the end of 2013. 2) I am now at retirement age, but my wife is not yet. However, she does not plan to work again. 3) We h...
Good day, I have been terminated due to operational reasons as of December 31, 2012. According to the discussions so far, I am expected to receive a severance payment of 17,000 euros in 2013. This means that I will then be in tax class 1. My annual ...
Dear Sir or Madam, I am currently completing a part-time MBA program that is specialized in my professional field. Instead of a salary increase, at the beginning of my studies, I agreed with my former employer on a subsidy for further education, wh...
Question: In which year is the payout of the severance payment most advantageous for me in terms of taxes - when do I keep the most net amount of the severance payment in 2012, 2013 or 2014? Employee in the industry. Currently in a partial retiremen...
Hello, I have the following question: Through my employer, I had a direct insurance policy according to § 40b (start of contract 01.11.2000), which I have now cancelled and requested the payout. The payout was made to the employer's account and they...
My partner and I operate a hotel, which I bought alone in 1998. He only joined the company in 2002. The hotel is operated as a property and an operating KG. I own 51%, being 75 years old, and he owns 49%, being 45 years old. Our bank would lend my p...
As a service provider (sole trader, notary, etc.), I receive fees from my clients (seminar leaders) into a separate bank account (under my name) and after settling the seminars, I pass this on to the clients and transfer my fee to myself in parallel....
Dear Sir or Madam, I would like to use my Swiss pension fund to purchase owner-occupied property. The withdrawal amount is currently around 123,000.00 CHF. Considering all deductions in Switzerland and Germany, how much will be available to me as eq...
Dear Sir or Madam, The following situation exists: In my securities account, there are BMW zero coupon bonds (WKN 480463). These bonds were transferred to this account from other accounts in the year 2001. The personal acquisition data (value and ...
Hello, I would like to take a private loan from my wife to finance a rented apartment according to the attached one-sided contract. We are married under the legal regime of marital property and my wife would transfer the loan to the sellers from a ch...
Hello, I am self-employed. A supplier gives me vouchers once a year, but now we have reached a scale where I would like to clarify the tax situation. For this year, 3000 euros are available for "payout". In what way can I transfer the amount to my ...
We are currently living and working in the USA and have several American retirement accounts, such as 401k and IRA (Individual Retirement Account), into which we contribute a portion of our (untaxed) income. The taxation will be done retrospectively ...
My son (18 years old) inherited in June 2011 due to a death in our circle of friends. There were 3 insurances (2 life insurances and 1 accident insurance) in which my son was listed as the beneficiary in case of death. The life insurances were one-ti...
Dear Mr. Tax Advisor, I have been on sick leave since November of last year and have been receiving sickness benefits until August. Now I want to resign from the company (where I was permanently employed) through a termination agreement because they...
