Guys,
What's your experience with the interpretation of "normal asset management" in these two tax systems?
If one has sufficient assets to "retire" at ~ 40, while occasionally selling securities from one's own portfolio (say 10 trades/year), without any official job/profession, would you avoid income or capital gains tax? (notwithstanding the 1,2% assets tax in Holland & "speculation" tax in Belgium)
In this scenario, how does any social security contributions fit in?
Thanks in advance
Vaering
What's your experience with the interpretation of "normal asset management" in these two tax systems?
If one has sufficient assets to "retire" at ~ 40, while occasionally selling securities from one's own portfolio (say 10 trades/year), without any official job/profession, would you avoid income or capital gains tax? (notwithstanding the 1,2% assets tax in Holland & "speculation" tax in Belgium)
In this scenario, how does any social security contributions fit in?
Thanks in advance
Vaering