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Did you declare the 80k profit on your tax return? I haven’t lived in Germany, but in the European countries I know, that would qualify as capital gains.
by pavlov 5y ago
Did you declare the 80k profit on your tax return?
I haven’t lived in Germany, but in the European countries I know, that would qualify as capital gains.
- SZJX 5y agoSeems that it’s treated as “personal asset” in Germany just like a car, thus not capital gains at all like stocks, which would always be taxed at 25%.