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Technology Stocks : INTEL TRADER

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To: smolejv@gmx.net who wrote (2728)5/2/1998 6:47:00 AM
From: Jurgen Trautmann  Read Replies (1) of 11051
 
Janko, with every respect, you're wrong, be careful!

I've paid a lot of money for tax-advisors, I had 4 companies in Germany, and I took (expensive) professional advice from several experts for income-tax out of capital-investments in Germany.

Of course, I read quite every book about these questions.

You should see this (more-than-6-month) tax-freedom historical as a little sister of the selling of private homes - distinguished to the buying and selling of homes like real estate agents handle it.

When you do that twice in your live, it's private - more is business.

The same way German law (and judges, be sure!) sees that with your (earned and taxed) private assets. The "character" of handling is important - the list of criteria is only a numbering of helpful tools.

What you wrote about the source of money is true - but it's outside the "unsafe"-region: when the money you invest is not yours, it's NO DOUBT that you must tax it.

You're assuming that DTB-profits are tax-free, even shorttime-profits. That's wrong - I'm absolutely sure. Don't try these statements in magazines, they wrote a lot of s**t, they haven't any clue and they are not responsible for your damage - ask a specialized, professional advisor, ask in written form, pay for it (so that they are responsible for mistakes), and you will see where the water really flows.

And, again, be careful - Germany's tax-system is absolutely not a place for gambling. You're faster and longer in a cage than the apes in a zoo, when you've missed to declare tax for taxable income. And they have every number of every you did everytime, and they have that now - mostly before you get your numbers yourself.

Jury
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