2/04/2012

Regulation and taxation creeping up

Last week I had 3 issues indicating more regulation and taxation. For one week, that's not a small number!

1) Taxation on US dividends is 25 % now, up from 15 % last year. With monthly dividends of GoldCorp this is not really fun. German taxation compensates for 15 % withholding tax only - the remaining 10 % you would have to get back from the US state or accept double taxation. Guess discussing with US tax authorities would be a hazzle and maybe costs more in time and money, than you get back.

2) Logging into a Swiss online account from Germany / with a German IP troubles the head of Swiss bankers. This week I had to go through a lot of disclaimers for the first time ever. Looks like Swiss banks are really frightened by now - Schäubles Kavalerie at the front door, US claims at the back door, and whistle-blowers inside the house is not very comforting.

3) Austrian state seems to be worried about folks registered but not paying taxes. Not only me but also my girlfriend got an inquiry regarding this situation - that's no coincidence. I was always registered at the house of my parents, but not paying taxes for several years government starts to worry. Well, at least the systems seems to work better than in Greece.

Those are just 3 personal observations. Guess you could share some, too. Feel free to make a comment.

1 comment:

  1. What it comes down to seems to be this: the states desperately need money. Right?

    ReplyDelete