German taxes based on nationality like USA
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Hi, I did a short 10min research and was not able to find evidence to it in the programm of "Die Grünen". (Grünes Wahlprogramm zur Bundestagswahl 2021).
Could you share a link or the exact passage its mentioned? (in German is fine)
Could you share a link or the exact passage its mentioned? (in German is fine)
Die Grünen didn't mention a global taxation IIRC in their Wahlprogramm. However, in the event of germany getting an R2G (Rot Rot Grün, Red Red Green, Socialists, Left Wing and Greens), the lefts are dreaming about adding a wealth tax and a one time wealthj fee (I think it was 10% starting from 2m EUR) to︀ fund their communist bulls**t. So a global taxation for germans (again only in case of︁ a R2G and it will last longer than 1 election periode) right now is no︂ that unrealistic.
Even the French were smart enough to repeal the wealth tax. The problem is that socialists do not learn from history.
https://www.investorschronicle.co.u...-france-s-wealth-tax-did-more-harm-than-good/
https://www.investorschronicle.co.u...-france-s-wealth-tax-did-more-harm-than-good/
Hey sorry i'm currently outside of home town .Its all over the︀ internet where people are discussing the big changes.
10-30% Vermoegensabgabe of all assets splitted for︁ 20 years
1% Vermoegensteuer
63% highest tax from 4800 brutto which is arround 2850 netto︂
world wide taxation based on citizenship
there are more hidden taxation but these are the︃ major ones.
10-30% Vermoegensabgabe of all assets splitted for︁ 20 years
1% Vermoegensteuer
63% highest tax from 4800 brutto which is arround 2850 netto︂
world wide taxation based on citizenship
there are more hidden taxation but these are the︃ major ones.
Well, the big issue is whether they will implement global taxation akin to the U.S. If not, then simply leaving the country and establishing a tax residency elsewhere will do the trick (provided that you have a portable business to generate an income or a job offer from a business located in another country).
On the︀ other hand, if the socialists implement global taxation, then you have much bigger problems.
On the︀ other hand, if the socialists implement global taxation, then you have much bigger problems.
Okay, just to turn this discussion into something useful for OP I would say that the best answer in this thread so far is the one to consider a corporate structure. You may not find a way around high personal taxes but with a corporate structure (GmBH or even AG) you will have certain benefits and able to reduce your taxes in some way without to compromise on personal live standard.
There are so many entrepreneurs and self employees that are doing it. I don't say you will get the same out of it as if you could get rid off to pay tax, but︀ at least you can get more for every euro you spend.
There are so many entrepreneurs and self employees that are doing it. I don't say you will get the same out of it as if you could get rid off to pay tax, but︀ at least you can get more for every euro you spend.
I know in places like France, populist movements like that of Jean-Luc Melanchon also want to propose taxation based on citizenship. But whether its Germany, France or anywhere else in the EU, I am of the opinion that it would be near impossible to impose. EU Treaties would need to be renegotiated amongst many, many other hurdles. Things would get tied up in the courts and take years to implement. I remember back in 2012 when Francois Hollande of France tried to push down a 75% tax rate on salaries over 1M EUR and that got struck down very quickly by the courts. Whoever comes︀ into power in Germany will still be subject to the German legal system so I'd︁ brush this off as political/populist talk for now and perhaps not much substance to it.︂
This, + Greens will have to coalition with someone, they︃ will not get their way 100% with everything they want to implement. Their approval is︄ high, but not high enough to win enough votes to govern alone and even this︅ current approval will drop before any election.
If they are in a coalition government they︆ will focus on the things on their current agenda. Since citizenship taxation isn’t even on︇ their current list of things they want to implement, I wouldn’t worry about it for︈ now either.
Only US has really the reach and resources to enforce citizenship taxation. I︉ don’t see any EU country being able to enforce it, not even Germany. If they︊ tried to enforce it, it would cost so much more than it would bring in.︋
Most people are just jealous of how great the German passport is and are trying︌ to scare you with these fantasies.
As for EU trying it EU-wide: this will never︍ happen. Countries like Poland or Greece who have large diasporas value these diaspora citizens much︎ more than to jeopardise their bond with them with citizenship taxation. They would veto any️ such ridiculous idea right away.
If they are in a coalition government they︆ will focus on the things on their current agenda. Since citizenship taxation isn’t even on︇ their current list of things they want to implement, I wouldn’t worry about it for︈ now either.
Only US has really the reach and resources to enforce citizenship taxation. I︉ don’t see any EU country being able to enforce it, not even Germany. If they︊ tried to enforce it, it would cost so much more than it would bring in.︋
Most people are just jealous of how great the German passport is and are trying︌ to scare you with these fantasies.
As for EU trying it EU-wide: this will never︍ happen. Countries like Poland or Greece who have large diasporas value these diaspora citizens much︎ more than to jeopardise their bond with them with citizenship taxation. They would veto any️ such ridiculous idea right away.
Even if the islamic failedstate Germoney implements the global taxation by citizenship or not, it does not have the political, economical power or partners to go after someone who lives outsite that shithole country, even with the German citizenship. Since they imported millions of islamic antisemites and social welfare scammers in 2015, Germany is a global clown-country with almost zero global support from outside the EUSSR. Sure some latin ameican countries still stick to them, but if someone lives in the power-nations (China, USA, UK + their Caribbean/Offshore Islands, Russia etc.) you're absolutely save. Well beside Germoney, the EUSSR wouldn't be save as well, but︀ as the EU is a socialist state association, it is not that much desirable to︁ live and work there anyhow.
When the communist parties take over the power in Germany,︂ the days of this nation are limited. It will go down the same path as︃ South Africa, plus icreasingly Islamization and inner social conflicts. So how such a so called︄ "nation" could threat someone like us?
When the communist parties take over the power in Germany,︂ the days of this nation are limited. It will go down the same path as︃ South Africa, plus icreasingly Islamization and inner social conflicts. So how such a so called︄ "nation" could threat someone like us?
Actually Germany already had a taxation based on the German passport. This occurred if someone left Germany without having a pro forma (tax) residence anywhere else. There is a court ruling which then determined the German passport as the place to pay tax in the absence of other criteria which would determine a tax residency somewhere else. This hit some digital nomads who wanted to do this without having another tax residency somewhere quite hard. So this is basically the same as in France.
I don't think that it will be possible to do a taxation just based on the passport like in the US︀ (where just holding the passport is the criteria and not the last resort in case︁ other tax residency rules are absent). It would take away the sovereignity to move freely︂ and incorporate freely within the EU, which is one of the most important pillars of︃ the EU and I am sure that this will violate EU law and will therefore︄ be overruled by the EU court. So they may have it on their agenda, but︅ it will not be possible by EU law.
Germany is going down like crazy.... Guys,︆ leave this stupid country as soon as you can. If Baerbock will become chancellor I︇ will laugh my a*s off, hahaha.
I don't think that it will be possible to do a taxation just based on the passport like in the US︀ (where just holding the passport is the criteria and not the last resort in case︁ other tax residency rules are absent). It would take away the sovereignity to move freely︂ and incorporate freely within the EU, which is one of the most important pillars of︃ the EU and I am sure that this will violate EU law and will therefore︄ be overruled by the EU court. So they may have it on their agenda, but︅ it will not be possible by EU law.
Germany is going down like crazy.... Guys,︆ leave this stupid country as soon as you can. If Baerbock will become chancellor I︇ will laugh my a*s off, hahaha.
@The Sovereign Individual , if it is easy to make false statements or not doesn't make it legal 😉 . Of course you can make false statements everywhere and may come through without paying tax, but it's still illegal and a very easy to prove offense if you are in the spotlight of tax authorities.
Of course countries frequently violate EU law, but in this case this regards the pillar of the European spirit and idea and I am sure that this will not be tolerated by the EU. The "Grünen" are orientating their approach on the US system, but they forget that Germany is not︀ the US, Germany is a part of the EU. The only possibility for a tax︁ like this would be that the EU is establishing an EU tax authority and everybody︂ with an EU passport has to pay to the EU tax authority. That would be︃ plausible.
I highly doubt that a tax system solely based on the German passport can︄ be established in reality.
Of course countries frequently violate EU law, but in this case this regards the pillar of the European spirit and idea and I am sure that this will not be tolerated by the EU. The "Grünen" are orientating their approach on the US system, but they forget that Germany is not︀ the US, Germany is a part of the EU. The only possibility for a tax︁ like this would be that the EU is establishing an EU tax authority and everybody︂ with an EU passport has to pay to the EU tax authority. That would be︃ plausible.
I highly doubt that a tax system solely based on the German passport can︄ be established in reality.
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