eamonn66 said:it might take a generation or more for germany to sort itself out. since reunification things have gone downhill and a lot of germans blame their former eastern neighbours who have a rep for being lazy and sponging off the state for everything. not surprising as under communism, there was no free enterprise, people did very little work and had most decisions made for them by the state. berlin is situated in the middle of this area, hence the curent problems.
It's not just German CGT you need to worry about - What about Irish CGT?lotus said:I read somewhere that there is no capital gains tax in Germany if you hold your property for 10 yrs - that said, if I am to go on the threads above, there may be no capital gains on property bought in Berlin!
I've never come across any tax law which depends on whether the money is remitted or not - Are you recommending some kind of tax evasion device here which attempts to hide money by keeping it offshore?gnf_ireland said:One earlier post to do with CGT in Germany v Ireland. Basically this would have to be run through by an accountant at the time, as the rules of the always subject to change. But in general, it is normally possible to get around home country CGT issues, if you sell abroad and do not remit the money etc. Again, this is the role of a tax consultant in Ireland and Germany
RainyDay said:I've never come across any tax law which depends on whether the money is remitted or not - Are you recommending some kind of tax evasion device here which attempts to hide money by keeping it offshore?
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