Hallo to all,

is there anybody having experience in Share market and Betting?
In Germany a person has to pay 25% of tax from his Profits, if you earn morethan 801 €.
If my wife(having work permit too) does this job (Shares buying and selling) , is there any way to claim the tax ?

1. As she earns below 12k per year (i heared that if a person earns below 12k then he r she can claim complete tax from FZ) or FZ considers as 1 family(both) earning ?

2. If a person gains money by betting, how can he pay tax to Govt? There are many Online betting websites, so how FZ knows that one person earned so much money from bettings and what about tax?

Thank you
justdoit

hi ,

I think you are mixing 2 things here, 25 % on short term profits only regarding shares & exceed of 801 € is on the interest you earn from banks , here when you are married this 801 will extend to 1600.

1.yes you need to pay 25% tax on short term profits in Sharemarkets and cannot be returned in any way , as per the new rule which came in 2009 .

2.If you do profits by online betting or poker or casino , some might be tax free as Govt cannot get the info. But if you do the same betting in any of the Casino here in germany , tax from your profit will be automatically deducted.

In any case you cant get the money from FZ.