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About Frantic

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  • Location Munich
  • Nationality European
  • Gender Male

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  1. Claiming unemployment benefits in Munich

      yes really. The value of "his" pot is 36% of a single monthly gross salary.   Just to answer better to your PM:   being 100 euros the gross monthly salary, after 30 months, the "pot" will reach the value:   (0.012*100)*30 = 36 euro.  
  2. Claiming unemployment benefits in Munich

      This statements always drive me crazy. You were paying 1.2% of your monthly gross salary to the Unemployment "pot"...that by the way should not be considered like your own pot but like what it is: a (collective and supportive) insurance. It means workers pay a little sum in order to have a collective pot that will support who, among the payers, will find him/her self without job. And even if you consider it like your personal pot, it means that in 30 months you payed 36% of your monthly gross salary. This is what you put in the system, nothing more. And please don'T mention all other taxes and deduction, they are for different purpose and needs.
  3. I refresh this topic in order to understand if something changed for the taxation of coin earned with Staking. As far I understood this is subjected to normal income tax. If today I earn 1 coin from Staking, and the today value of this 1 coin is, for example, 500 euro, then for tax purpose sake I have to consider 300 euro. Let say I will pay 200 euro of income taxes when I will do my steuererklarung. But if at the end of the year the coin has lost value, for example it has reached 100 euro I will be in a situation where I have to pay 200 euro of taxes over something that i can sell just for 100 euro. Basically staking can be dangerous and bring you to spendin taxes more money of what you could have     DO you know if something has changed since this discussion in 2018 ? I really hope so..   thanks  
  4. Too much technical ? 
  5. Hi,   it is my understanding that if I buy some crypto and I keep them for more than one year before selling them, then the gain i do on that sale is free of tax. I am not a crypto traider, i am a so called holder so I will (and i want to) be in the above case. But what happens if in the meanwhile I add to my wallet some "fresh" crypto ? The same type that I have already ? Are the "old" ones still free of tax after one year ? In other words, is the First in First Out principle valid also for this 1 year rule ?   In order to be more clear I will do a (imaginary) example. On 1st Jan 2015 I buy 1 BTC and 1 ETH. Starting from 1st Jan 2016 I will not pay taxes on gain derivated from sale of these Coins. On 1st March 2016 I buy 2 BTC and 2 ETH.   What happens if on 1st April 2016 I sell 1 BTC and 1 ETH ? Can be that sale considered referred to the BTC and ETH I bough on 1st Jan 2015 and then be considered tax free ? Or the Purchase i made on 1st jan 2016 has in someway reset the "after 1 year is tax free" counter ?        
  6. Around 6th Feb a closed all my positions sensing that Covid-19 would have impacted on the market. Maybe a bit too early ( I guess I lost further 8% of gain before te crash) but I don't regret it at all. Now I was waiting for (at least) a double bottom before putting back my money on the market and increase my Crypto portfolio but all this is going crazily up  Let see now with the Q1 earnings but if I look at the forecasts they are already very low so it will be quite easy to beat them.  
  7. I contacted flatex support (that will answer in German...) and I am trying to google with googletranslate helping me but it would be great if I can have an answer here. In 2018 taxation rules for fund changed. I knew it. But i did not know about this fiktive Veräußerung and so I am trying to understand if my broker basically sold and bought again without triggering the capital gain taxes payment ...or yes ? What it is happening actually ? Expecially from a tax point of view, what happens and should I do some actions ? My broker manage automatically the tax part, so automatically capita gains are payed to the Finanzamt. Does this fiktive operations change something ?   I discovered this looking at my Depotbestand and I saw that the "kauf" costs did not match with the one i have on my excel sheet where i track all operations...they were too much near the current value of funds although i bouth them few months ago.
  8. Taxation of Stock gains

    Hi,   I know about capital gain taxation. In my home country Bank or the Intermediation Provider takes care to deduct and pay for me this taxes on each gain. To make it short, you don't need to fill paper and do complicated or boring stuff. Is the same also in Germany or I should declare in detail all gains in the annual tax form ?      Also, are losses put in a kind of pool as a compensation for capital gain taxation ? I mean, if I make 100 euro loss and afterwards  I make a 100 euro gain for which I have to pay 25 euro tax (just an example), then i will not pay 25 euro tax and my "loss pool" will decrease from 100 euro to 75 euro. Is this in place in Germany ?