The withdrawal of shares without compensation in the context of insolvency proceedings of the stock corporation results in a loss to be recognized for tax purposes.

Shares acquired as business assets prior to 2009 are not subject to taxation upon subsequent sale after transfer to private assets.

The tax office may only apply the loss offset restriction for tax deferral models to a capital investment if the provider has also advertised corresponding tax benefits.

In addition to non-application laws on taxpayer-friendly rulings, the main changes for capital investors in 2020 are detailed changes for certain types of investments.

Even if warrants are independent assets, their cost leads to incidental acquisition costs of the shares subsequently acquired by exercising the option.

After the Bundestag, the unofficial Annual Tax Act 2019 has also been passed by the Bundesrat.

If investment income from securities accounts at different banks is to be offset against each other, a loss certificate must be applied for by December 15.

If the tax office refunds more church tax in a year than was paid, this refund overhang cannot be offset against a loss carryforward.

Because the examination of the prerequisites of a tax deferral model takes place at the investor level and not at the provider level, a tax deferral model may exist in individual cases even if the projected losses are attributable solely to statutory depreciation.

From 2021, the Soli is to be eliminated in full for around 90 % of income taxpayers and partially for a further 6.5 %.