Hey bunqers 🌈,
As a 🇩🇪German resident you need to pay taxes (“Abgeltungsteuer“) on any profits you make when you sell stocks or ETFs.
What taxes apply to stocks and ETF sales?
When you sell a stock or ETF at a profit, here’s how the tax is calculated:
Capital gains tax (25%): Applied to the profit.
Profit calculation: The difference between your buying and selling price.
FIFO principle: The first assets you bought are sold first.
Losses: Past losses can reduce your taxable profit (only once).
Solidarity surcharge (5.5%): Applied on the 25%.
Church tax: 8–9% (depending on your state) is added to the 25% tax.
If this applies to you, you’ll see a blue banner when selling. The exact tax amount will be shown in your payment details once the sale is completed.
What's Vorabpauschale (annual tax)?
Vorabpauschale is a yearly tax on investments in Germany. It ensures investors pay taxes on their expected returns - even if they haven’t sold anything or received payouts.
💡 Think of it as a small advance tax on your profits, so you don’t have to pay everything at once when you sell.
Why does the Vorabpauschale tax exist?
Before 2018, investors could avoid taxes by holding onto their investments indefinitely. Vorabpauschale ensures that taxes are collected regularly, even if no profit has been realized yet.
How much Vorabpauschale do I have to pay?
The amount of Vorabpauschale tax you owe depends on:
The value of your investment at the start of the year.
A government-set low-risk interest rate (used to estimate your expected return).
Your personal tax rate.
When should I pay Vorabpauschale?
Ginmon automatically deducts the tax from your account each year so you don’t need to calculate or manually pay it.
What happens when you sell your investments?
When you sell, the total profit is taxed as explained above. But don’t worry, any Vorabpauschale you’ve already paid is deducted, so you don’t get taxed twice.
Hey bunqers 🌈,
As a 🇩🇪German resident you need to pay taxes (“Abgeltungsteuer“) on any profits you make when you sell stocks or ETFs.
What taxes apply to stocks and ETF sales?
When you sell a stock or ETF at a profit, here’s how the tax is calculated:
Capital gains tax (25%): Applied to the profit.
Profit calculation: The difference between your buying and selling price.
FIFO principle: The first assets you bought are sold first.
Losses: Past losses can reduce your taxable profit (only once).
Solidarity surcharge (5.5%): Applied on the 25%.
Church tax: 8–9% (depending on your state) is added to the 25% tax.
If this applies to you, you’ll see a blue banner when selling. The exact tax amount will be shown in your payment details once the sale is completed.
What's Vorabpauschale (annual tax)?
Vorabpauschale is a yearly tax on investments in Germany. It ensures investors pay taxes on their expected returns - even if they haven’t sold anything or received payouts.
💡 Think of it as a small advance tax on your profits, so you don’t have to pay everything at once when you sell.
Why does the Vorabpauschale tax exist?
Before 2018, investors could avoid taxes by holding onto their investments indefinitely. Vorabpauschale ensures that taxes are collected regularly, even if no profit has been realized yet.
How much Vorabpauschale do I have to pay?
The amount of Vorabpauschale tax you owe depends on:
The value of your investment at the start of the year.
A government-set low-risk interest rate (used to estimate your expected return).
Your personal tax rate.
When should I pay Vorabpauschale?
Ginmon automatically deducts the tax from your account each year so you don’t need to calculate or manually pay it.
What happens when you sell your investments?
When you sell, the total profit is taxed as explained above. But don’t worry, any Vorabpauschale you’ve already paid is deducted, so you don’t get taxed twice.
Hey bunqers 🌈,
As a 🇩🇪German resident you need to pay taxes (“Abgeltungsteuer“) on any profits you make when you sell stocks or ETFs.
What taxes apply to stocks and ETF sales?
When you sell a stock or ETF at a profit, here’s how the tax is calculated:
Capital gains tax (25%): Applied to the profit.
Profit calculation: The difference between your buying and selling price.
FIFO principle: The first assets you bought are sold first.
Losses: Past losses can reduce your taxable profit (only once).
Solidarity surcharge (5.5%): Applied on the 25%.
Church tax: 8–9% (depending on your state) is added to the 25% tax.
If this applies to you, you’ll see a blue banner when selling. The exact tax amount will be shown in your payment details once the sale is completed.
What's Vorabpauschale (annual tax)?
Vorabpauschale is a yearly tax on investments in Germany. It ensures investors pay taxes on their expected returns - even if they haven’t sold anything or received payouts.
💡 Think of it as a small advance tax on your profits, so you don’t have to pay everything at once when you sell.
Why does the Vorabpauschale tax exist?
Before 2018, investors could avoid taxes by holding onto their investments indefinitely. Vorabpauschale ensures that taxes are collected regularly, even if no profit has been realized yet.
How much Vorabpauschale do I have to pay?
The amount of Vorabpauschale tax you owe depends on:
The value of your investment at the start of the year.
A government-set low-risk interest rate (used to estimate your expected return).
Your personal tax rate.
When should I pay Vorabpauschale?
Ginmon automatically deducts the tax from your account each year so you don’t need to calculate or manually pay it.
What happens when you sell your investments?
When you sell, the total profit is taxed as explained above. But don’t worry, any Vorabpauschale you’ve already paid is deducted, so you don’t get taxed twice.