Message from @ÜltraÜberGöttKönig
Discord ID: 622128866454011954
yea butthts retarded
you only pay tax when you cash out
no you cant trade stocks all day if you have revenue
but you wouldnt really
it wouldnt make sense to pay tax before cashing out
if you think about it
the whole point is to cash out
not for everyone
at all
how much could you potentially invest even
these are peanuts
4k
so from 4k what do you think you can make
I dunno
200 eur
but I could build up
no one is interested in taxing that
its tax free income
most people save for pension, which you never entirely cash out
I'd rather do crypto actually
crypto is more volatile
more fun you mean
and harder to cash out
its pretty bad
i made 3k off crypto in 2017
wouldve been 6 if I cashed out half a month earlier
@ÜltraÜberGöttKönig tax free allowance is €9,169 in germany for you
so as long as you dont make as much its tax free
source?
`No income tax is charged on the basic allowance, which is €9,169 for unmarried persons and €18,338 for married couples who file jointly.`
post the link
you might just google it in german
on some governmental site
but there is such a thing in any country
as i said no one is interested in taxing some peanuts
"No income tax is charged on the basic allowance, which is €9,169 for unmarried persons and €18,338 for married couples who file jointly."
our personal allowance is half that
do you want to know what is our personal allowance?
doesnt work like that for stocks apparently