• @Moneo@lemmy.world
    link
    fedilink
    English
    38 months ago

    I know this is super lazy but if possible can you explain how this works in a sentence or two? Let’s say I have 5 million invested in stocks.

    • @exonac@feddit.de
      link
      fedilink
      English
      48 months ago

      5-3=2 then whatever is the percentage. Let’s say 1%. That’s 20k. You do your annual tax report and it will conclude you need to send 20k€ to the tax office. This in addition to any taxes you owe due to your earnings.

      • @Moneo@lemmy.world
        link
        fedilink
        English
        18 months ago

        Thank you. I have more questions now but I should probably just google websearch it at this point.