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:
“We saw the machinery where murderers are now executed. Seven have been executed. The plan is better than the old one. It is quietly done. Only a few, at the most about thirty or forty, can witness [an execution]. It excites nobody outside of the list permitted to attend. I think the time for capital punishment has passed. I would abolish it. But while it lasts this is the best mode.”
—Rutherford Birchard Hayes (18221893)
“Theodotus: Caesar: once in ten generations of men, the world gains an immortal book. Caesar: If it did not flatter mankind, the common executioner would burn it.”
—George Bernard Shaw (18561950)
“Rumble thy bellyful! Spit, fire! Spout, rain!
Nor rain, wind, thunder, fire are my daughters.
I tax you not, you elements, with unkindness;
I never gave you kingdom, called you children.”
—William Shakespeare (15641616)