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German Finance Committee Approves Amendments on Capital Losses from Securities Sales and Dividends Income Taxation

|Proposed Changes|Germany
Germany

On 8 June 2016, the German Bundestag's (parliament) Finance Committee approved draft legislation that includes two main amendments concerning investment taxation:

  • Losses on the sale of securities will not be allowed to offset capital gains when the security is acquired less than 45 days before a dividend distribution and subsequently sold less than 45 days after the distribution; and
  • The curre…

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