Search results for: Speculative losses

Offsetting of speculative losses possible

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The Federal Fiscal Court (Bundesfinanzhof, BFH) apparently has a heart for stock market investors. According to its judgment – Az. IX R 21/04 – investors can offset their losses from speculative transactions against profits – for all years since 1999. The set-off of the losses does not fail also because of the fact that for […]

BFH allows speculative losses to be offset even years later

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PM Dr. Johannes Fiala (Law Firm Johannes Fiala) Offsetting losses from the period since 1999: The Federal Fiscal Court (Bundesfinanzhof, BFH) apparently has a heart for stock market investors as well. According to its ruling (Ref. IX R 21/04), investors can offset their losses from speculative transactions against profits for all years since 1999. Final […]

Income tax: BFH allows speculative losses to be offset even years later

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*by Johannes Fiala, Lawyer (Munich), Mediator (Univ.), MBA Financial Services (Univ.Wales), MM (Univ.), Certified Financial and Investment Advisor (A.F.A.), EC Expert (C.I.F.E.), Lecturer (Univ. of Cooperative Education), Banker (www.fiala.de) Offsetting losses from the period since 1999: The Federal Fiscal Court (Bundesfinanzhof, BFH) apparently has a heart for stock market investors as well. According to its […]

Bank liability towards municipalities in foreign exchange swap transactions – Risky speculative business despite municipal ban on speculation?

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Renowned major banks and savings banks lead inexperienced treasurers and managers of municipal companies into an interest rate trap with billions in losses. This is a brilliant business for credit institutions – an estimated 40% of local authorities are affected.     Allegedly exclusive concepts from the bank product department   Speculation with foreign exchange […]

Insurers’ strategic approach to lapse deductions to avoid unnecessary losses in legal disputes

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When calculating the surrender value, life insurers regularly deduct a lapse deduction agreed in the terms and conditions of the insurance policy – although this is usually ultimately ineffective. The BGH has already ruled on this for life and annuity insurance policies, including unit-linked policies, which were concluded between 1995 and 2007. Even if the […]

Attorney Tax Law Munich

Your lawyer for tax law: How we support our clients in the tax jungle German tax law is one of the most complex tax systems in the world, even if the often quoted story of the most comprehensive tax literature in the world is probably a bourgeois Moravia. As Attorney for tax law we offer […]

Deposit insurance and guarantees at banks, government bonds and insurance companies worthless?

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All guarantees, in whose security one lulls oneself, have no absolute value. After all, the decisive factors are the conditions and the legal framework for this, political legal certainty and the economic default risk of the guarantor.   Guarantee certificates Looking for “total return investments” where you end up getting 100% of your investment back […]

Guarantees and safeguards: Worthless in the end?

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Why do guarantees and security systems have to prove worthless in the end?   All guarantees, in whose security one lulls oneself, have no absolute value. After all, the decisive factors are the conditions and the legal framework for this, political legal certainty and the economic default risk of the guarantor.   Guarantee certificates Looking […]