Capital Gains Tax
In Germany there is no special capital gains tax. Only under certain conditions gains from private disposal may be taxed. Since 2009-01-01 Germany levies a final tax (Abgeltungsteuer) that may take effect like a capital gains tax for resident persons e.g. disposal of shares.
Read more about this topic: Taxation In Germany
Famous quotes containing the words capital, gains and/or tax:
“It is a capital blunder; as you discover, when another man recites his charities.”
—Ralph Waldo Emerson (1803–1882)
“... we have every reason to rejoice when there are so many gains and when favorable conditions abound on every hand. The end is not yet in sight, but it can not be far away. The road before us is shorter than the road behind.”
—Lucy Stone (1818–1893)
“What is the difference between a taxidermist and a tax collector? The taxidermist takes only your skin.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)