PandaMunich

Supporters
  • Content count

    11,295
  • Joined

  • Last visited

Community Reputation

14,631 Awesome with awesome sauce

About PandaMunich

Contact Methods

  • Website https://expertise.tax

Profile Information

  • Location Munich
  • Nationality German
  • Gender Female
  • Year of birth
  1. British rental property income taxation rules

      Answer number 2 is correct, after the UK is out of the EU for good, you will have to calculate your UK rental profit for the Progressionsvorbehalt (which is regulated in §32b EStG) according to German rules, e.g. 2% depreciation of the building_part, if the building was built in 1925 or later. This is laid down in the interpretation help provided for §32b EStG, the Hinweis 32b. "Ausländische Einkünfte" EStHinweise: Die Höhe ist nach dem deutschen Steuerrecht zu ermitteln (>BFH vom 20.9.2006 – BStBl 2007 II S. 756).   The amount is to be determined according to German tax law (>BFH of 20.9.2006 - BStBl 2007 II p. 756). You can read all the interpretation help provided for the EStG (German income tax law) online, in the Einkommensteuer-Handbuch: http://bmf-esth.de/
  2. I woke up blind in one eye this morning

    All the best John, wishing you a speedy recovery!!!
  3. British rental property income taxation rules

      Yes, it's valid because the double taxation agreement (DTA) between Germany and France has a "progression" clause (= Freistellungsklausel = exemption clause) for income from immovable property (which is described in article 3 of the DTA) in article 20 (1) a: https://datenbank.nwb.de/Dokument/Anzeigen/94974_20/   And Germany then waives their right to exercise the progression that that DTA article gives them in its national income tax law, in the "progression" section §32b EStG, since it's rental income from an EU state.   *************************************************   As @GaryC said, other double taxation agreements, e.g. like the one between Germany and Spain which has it in article 22 (2) b) vii), have a "tax credit clause" (= Anrechnungsklausel) instead, and therefore Spanish rental income does have to be declared in your German income tax return.
  4. Health insurance with a 450 euro minijob

      Does she draw a Romanian social security pension because she is of pension age? Then she can apply for a form S1 (old name E121) at her Romanian public health insurer and then take that form S1 to TK and they have to accept her, free of cost. The Romanian public health insurance will pay around 350€/month for her in the background to the Germans for this "free" cover. Please read: http://www.casan.ro/cassam/page/stabilire-re-edinta-in-alta-tara-2.html https://www.desteptarea.ro/granite-deschise-pentru-serviciile-medicale/  
  5. Transferring large sum of money from U.S

      Deposit insurance in Germany consists of two parts: for the first 100,000€, the mandatory minimum deposit insurance as mandated for all banks in the EU,  starting with 100,001€, the voluntary systems that most German banks also participate in.   For DKB, these two parts are: mandatory: "Entschädigungseinrichtung des Bundesverbandes Öffentlicher Banken Deutschlands e. V. (gesetzliche Einlagensicherung)":  https://translate.google.co.uk/translate?hl=&sl=de&tl=en&u=https%3A%2F%2Fwww.voeb-edoe.de%2Finformationen-fuer-einleger-und-anleger%2F voluntary add-on: "Einlagensicherungsfonds des Bundesverbandes Öffentlicher Banken Deutschlands e. V. (freiwillige Einlagensicherung)" with unlimited cover:  https://translate.google.co.uk/translate?hl=&sl=sv&tl=en&u=https%3A%2F%2Fwww.voeb-es.de%2Ffaq%2F Please read here that the DKB is owned by the BayernLB, the Bavarian State Bank:  https://en.wikipedia.org/wiki/Deutsche_Kreditbank and here about the BayernLB:  https://en.wikipedia.org/wiki/BayernLB
  6. Transferring large sum of money from U.S

    Unlike money, funds and shares that you hold there are always your own separate property, the bank has no access to them: https://bankenverband.de/newsroom/presse-infos/investmentfonds-sind-konkurssicher/  
  7. Transferring large sum of money from U.S

    100,000€ is just the European deposit insurance scheme. Nearly all German banks have deposit insurance of at least a few million € if not unlimited deposit insurance (if state-owned). You can see the deposit insurance limits of German banks here: https://www.sparkonto.org/einlagensicherung-grenzen-2020/#sicherungsgrenzen   DKB, for example, has unlimited deposit insurance.
  8. Things to do after changing apartment

    In Berlin, you have to fill in the "Fragebogen zur steuerlichen Ummeldung", attach a copy of your new Anmeldebestätigung and send it to your old Finanzamt: https://www.berlin.de/sen/finanzen/dokumentendownload/steuern/daten-und-fakten/betriebseroeffnung-betriebseinstellung/vorl__ufige_endg__ltige_steuerliche_abmeldung_ummeldung.pdf
  9. TV-L E13 Stufe 4 is 5,009.04€ gross per month: https://oeffentlicher-dienst.info/c/t/rechner/tv-l/west?id=tv-l-2020&matrix=1   Input 5009 into this wage calculator: http://www.parmentier.de/steuer/index.php?site=tax-wage and you will get 2,986.56€ net per month.
  10. Contract in Finland, Living in Germany

      No, you will be living and working in Germany and making business trips to Finland.   You could only be working "in" Finland full-time and living in Germany at the same time, if Finland shared a border with Germany and you would be living directly across that border in Germany and you would be crossing that border every day, as a Grenzgänger. Which isn't the case.
  11. Contract in Finland, Living in Germany

      Please decide what it will be: Will you be living in Germany and doing business trips to Finland, as you said 2 hours ago?  or Will you be living full-time in Finland, as you said 1 hour ago? Then you need a Finnish employment contract and have to de-register from Germany and register in Finland instead.
  12. Contract in Finland, Living in Germany

    In that case, it's even easier, their permanent establishment in Germany gives you a German employment contract and since they're in Germany, they have to take care of everything, i.e. they will deduct Lohnsteuer every month and forward it to the Finanzamt and they will deduct social security, put their share of social security on top of what they deducted and again forward everything to the relevant German social security institutions.   You won't have to do anything, it will be like you were an employee of a German company. 
  13. Contract in Finland, Living in Germany

    Please read this.
  14. Employer registered me incorrectly by TK - backpay demanded

    Sorry, but since you did not work more than 20 hours/week, you were not pflichtversichert in public health insurance, but only freiwillig versichert. For such a case such as yours answered by the DGB union, please see here: https://jugend.dgb.de/studium/beratung/students-at-work?fp.l=t&fp.d=81447 and here another such case: https://www.studis-online.de/Fragen-Brett/read.php?4,1997086
  15. Employer registered me incorrectly by TK - backpay demanded

    Rules for being a Werkstudent (the people who comment at the end had the same problem as Maleesi): https://www.cmshs-bloggt.de/arbeitsrecht/versicherungspflicht-und-versicherungsfreiheit-fuer-studenten/   @engelchen The 3 month rule is in §28g SGB IV: https://www.gesetze-im-internet.de/sgb_4/__28g.html