Tax free futures trading in the Netherlands?
- Thread starter mhoev
- Start date
99% don´t (unlawfully) pay taxes on "Spekulationsgewinne" because the German IRS (Finanzamt) has no legal means to enforce the taxation of speculation profits.
result: the "honest" taxpayers (1%) are the derided "idiots".
this "unequal treatment" is - understandably - regarded as un-constitutional by Prof. Klaus Tipke, the leading German expert on the "Abgaben-Ordnung" (taxation code), university of Cologne. consequently Prof. Tipke has filed a suit against the Federal Republic of Germany at the Bundesfinanzhof (supreme federal taxation court) in Munich recently ... aiming at the abolition of the "Spekulationssteuer" (taxation of speculation profits) on the grounds that it violates the Grundgesetz (basic law/constitution) of Germany.
case still pending ...
www.burle.de/Spek_Steuer.html
regards
wild
result: the "honest" taxpayers (1%) are the derided "idiots".
this "unequal treatment" is - understandably - regarded as un-constitutional by Prof. Klaus Tipke, the leading German expert on the "Abgaben-Ordnung" (taxation code), university of Cologne. consequently Prof. Tipke has filed a suit against the Federal Republic of Germany at the Bundesfinanzhof (supreme federal taxation court) in Munich recently ... aiming at the abolition of the "Spekulationssteuer" (taxation of speculation profits) on the grounds that it violates the Grundgesetz (basic law/constitution) of Germany.
case still pending ...
www.burle.de/Spek_Steuer.html
regards
wild
You always have the option to do something illegal - it is just a question of risk. As an orientation: For every 500k EUR income you do not declare you go round about 1 year into prison. O.k., the chance that gains from investment get known to the tax authorities may not be that high, but I prefer to find a legal way to avoid this unusual high german taxation.
Forget about the Glueckspiel argument - since 1999 all gains from speculation (this includes options and futures) are subject to taxation.
Markus
man, i love the netherlands. hot women (and i'm not talking about prostitutes here), fine beer, legal KBud...what more could a guy want? TAX-FREE trading!!
can you trade US stocks if you are a dutch citizen? what are the taxes like on that? do i have to be some rogue political figure to be accepted as a citizen?? ...just a few things I need to know before I start learning dutch...
can you trade US stocks if you are a dutch citizen? what are the taxes like on that? do i have to be some rogue political figure to be accepted as a citizen?? ...just a few things I need to know before I start learning dutch...
stocks, options, futures.. all the same.
no wonder some of the biggest funds in Europe officially are located in Netherlands and Luxembourg.
Any European citizen can go there and can't be denied residency. just some very limited paperwork.
It is harder for outsiders but nothing to prevent you from coming. Restrictions are only there to prevent people coming to work there (I am not talking trading here). It is very similar to the rules in US with the green card. If you have money, it's no problem to become resident.
tntneo
no wonder some of the biggest funds in Europe officially are located in Netherlands and Luxembourg.
Any European citizen can go there and can't be denied residency. just some very limited paperwork.
It is harder for outsiders but nothing to prevent you from coming. Restrictions are only there to prevent people coming to work there (I am not talking trading here). It is very similar to the rules in US with the green card. If you have money, it's no problem to become resident.
tntneo