Field help: (2021) Did you buy shares in this fund in 2020?

Select "yes" if you purchased shares in investment funds in 2020.

Since 2019, all investment shares have been taxed at the advance flat rate. The advance flat rate (Vorabpauschale) is a flat-rate annual retrospective minimum of taxation. The advance flat rate is considered to have been received on the first working day of the following calendar year (i.e. January 2, 2021). The advance flat rate for 2020 is therefore relevant for tax purposes in 2021.

Note: Shares in investment funds with different acquisition dates are to be entered separately in accordance with the requirements of the tax authorities.

The base interest rate for 2021 is -0.45 percent. Conclusion: Due to the negative base interest rate, no advance flat rate will be charged for the year 2021! (Letter of the Federal Ministry of Finance (BMF) dated 06.01.2021, IV C 1-S 1980-1/19/10038:0004).