@MarketMatrixs WTF are you talking about. Yes its true that the Bill Gates Foundation sold there last position in MSFT stock, but MSFT never dropped to $399 in afterhours on May 15.
I live in the Netherlands. This is how it works. On January 1st, tax is levied on all shares you own. This is then calculated based on the value on January 1st.
The first €59,357 is tax-free. Then, a 6% fictitious return is taken from the remaining assets, and 36% of that is taxed.
Here's an example if you have a €100,000 portfolio.
Tax-free assets: €59,357.
Then 6% of €40,643 = €2,439. Then 36% of the €2,439 is taxed, which comes to €878.
So, in the end, you pay €878 in taxes on your €100,000 portfolio that year. If your positions decrease after January 1st, nothing happens; you're paying tax on money you don't even have.
The new proposal isn't final yet, but it will look something like this.
If you have a portfolio worth €100,000 and it increases by 10% that year, the increase in value would be taxed at 36%.
Here's an example of a €100,000 portfolio. The portfolio increases by 10% in one year, resulting in €10,000 in profit. 36% is then calculated on this, which amounts to €3,600.
This year, you would therefore pay €3,600 in tax on your portfolio.
I live in the Netherlands. This is how it works. On January 1st, tax is levied on all shares you own. This is then calculated based on the value on January 1st.
The first €59,357 is tax-free. Then, a 6% fictitious return is taken from the remaining assets, and 36% of that is taxed.
Here's an example if you have a €100,000 portfolio.
Tax-free assets: €59,357.
Then 6% of €40,643 = €2,439. Then 36% of the €2,439 is taxed, which comes to €878.
So, in the end, you pay €878 in taxes on your €100,000 portfolio that year. If your positions decrease after January 1st, nothing happens; you're paying tax on money you don't even have.
The new proposal isn't final yet, but it will look something like this.
If you have a portfolio worth €100,000 and it increases by 10% that year, the increase in value would be taxed at 36%.
Here's an example of a €100,000 portfolio. The portfolio increases by 10% in one year, resulting in €10,000 in profit. 36% is then calculated on this, which amounts to €3,600.
This year, you would therefore pay €3,600 in tax on your portfolio.
I live in the Netherlands. This is how it works. On January 1st, tax is levied on all shares you own. This is then calculated based on the value on January 1st.
The first €59,357 is tax-free. Then, a 6% fictitious return is taken from the remaining assets, and 36% of that is taxed.
Here's an example if you have a €100,000 portfolio.
Tax-free assets: €59,357.
Then 6% of €40,643 = €2,439. Then 36% of the €2,439 is taxed, which comes to €878.
So, in the end, you pay €878 in taxes on your €100,000 portfolio that year. If your positions decrease after January 1st, nothing happens; you're paying tax on money you don't even have.
The new proposal isn't final yet, but it will look something like this.
If you have a portfolio worth €100,000 and it increases by 10% that year, the increase in value would be taxed at 36%.
Here's an example of a €100,000 portfolio. The portfolio increases by 10% in one year, resulting in €10,000 in profit. 36% is then calculated on this, which amounts to €3,600.
This year, you would therefore pay €3,600 in tax on your portfolio.