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    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    Dear fellow investors, could it be that S&P didn't include Tesla, because of the quite newly gained insane PE ratio of over 1000? I myself am invested since the old days and I myself valued this last month's as a non sustainable growth story in regards to the stock price. I still remember the...
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    Stock split tax implications for non-US shareholders

    Dear Ipe, unfortunately that's not the case in Germany. Since 2009 you need to pay 26.375% taxes for stock gains and dividends. The trade off is that you at least don't need to pay wealth tax in Germany. As long as you don't sell your stocks the government can't demand taxes. Even if you would...
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    Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

    Dear Smorgasbord, this sounds logical to me, but how do you know that the par value of each new Tesla share is 0.001$ ? These things should have been mentioned in the official Tesla filling so that even Broker worldwide would have known how to deal with the split right now. But that's...
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    Stock split tax implications for non-US shareholders

    I meant back then until 2009.
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    Stock split tax implications for non-US shareholders

    Dear Alexzobe, right now I'm confused by your statement. I thought that there is no capital gains tax in Belgium, but only a 0,15% tax on stock accounts over 500K Euro. If that is true, then why you should be effected by this split or any real dividend? In Germany we had 0% prior to the year...
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    Stock split tax implications for non-US shareholders

    Update from my side. I got the same standard reply from the BMF. It's just awful that Germany spends so much tax money on government entities and their staff, but is unable/ unwilling to do their job every tax payers pays them literally for. Anyway doing that I have proof in case of legal...
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    Stock split tax implications for non-US shareholders

    Does someone here already know how their broker dealed with the nextflix split and could tell if they automatically send capital gains taxes to the tax authority, especially in Germany?
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    Stock split tax implications for non-US shareholders

    Dear Gerardf, I thought that in the Netherlands there is no tax on capital gains, so whatever dividend or stock price gains you realize, you will pay 0% tax? The only taxation is a some kind of wealth tax with 1,2% per year on your net worth independent from gains and losses, isn't it? At least...
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    Stock split tax implications for non-US shareholders

    Unfortunately or gladly no. But I refered to this case when contacting my broker again to help them with the internal analysis how to deal with the wording. My idea was to ask them what they did back then with the Netflix split to have a extrapolation to what they will do with Tesla. If it was...
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    Stock split tax implications for non-US shareholders

    Just check how well done Apples filling is. They even put examples into the filling. At least an update of the official Tesla filling about this fact would be helpful.
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    Stock split tax implications for non-US shareholders

    That are great news. Thank you for contacting him. But the question is, will they specify their filling and explain that this is a non taxable event to the German authorities? The Wertpapiermeldestelle should know this without a a single doubt to mark it as non taxable too, because they will...
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    Stock split tax implications for non-US shareholders

    The website with the contact details is: Kontakt - Bundesfinanzministerium - Service I used the email address under "Postanschrift", which is: [email protected] There is also a phone number and if you can manage it then they may forward you to a capital gains responsible. When I tried...
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    Stock split tax implications for non-US shareholders

    At least in Germany the brokers claim that they will do whatever the wertpapiermeldestelle will tell them. If I understood they have a database where there are marker for taxable/non taxable and so on. But I didn't dive deep into that as they are a closed service provider offering only service...
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    Stock split tax implications for non-US shareholders

    I accidentally put my above comment into the quote marker. Below the samw statement without that error: Dear Avoigt thanks for the additional information provided. You have done well by having at least one account outside Germany due to the automated taxation by the German brokerage banks...
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    Stock split tax implications for non-US shareholders

    Dear fellow investors, especially the German ones. In my opinion I think that at the end of the day the german tax authorities won't count this split as tax relevant, but I have the feeling that this will be a decision made afterwards. Saying that I'm afraid that the german brokers will forward...