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Foreign Mutual Fund Withdrawal Tax Implications

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Hi everyone!

 

I have a question regarding German taxes and mutual funds.

 

Before I moved to Germany I made yearly contirbutions to a Canadian mutual fund. All contributions were made before moving to Germany.

 

After having moved to Germany in 2017, I withdrew from these mutual funds early (2018) to pay off some outstanding debt I had in Canada.

 

I am currently employed in Germany and am a taxpayer here, and have no other income in Canada. My wife is German and I am living here under a marriage or family visa.

 

I wondering what the tax implications of the mutual fund withdrawal are for this year's tax return?

 

Just thought I would ask here as I can't really afford the international tax consultants!

 

Thanks in advance!

 

 

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