Field help: (2023) Did you buy shares in this fund in 2022?

Select "yes" if you purchased shares in investment funds in 2022.

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, 2023). The advance flat rate for 2022 is therefore relevant for tax purposes in 2023.

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 2022 is -0,05 percent. Conclusion: Due to the negative base interest rate, no advance flat rate will be levied for the year 2022! The custodian banks therefore do not deduct any capital gains tax in accordance with the advance flat rate rule (letter from the Federal Ministry of Finance dated 07.01.2022, IV C 1-S 1980-1/19/10038:0005).

The base interest rate for 2023 is 2,55 percent. 70 % of the base rate results in an advance flat rate of 1,785 %. This is then subject to withholding tax of 25 % plus any solidarity surcharge and church tax. The advance flat rate is deemed to have been received by the investor on the first working day of the following year, meaning on 2 January 2024 (letter of the Federal Ministry of Finance dated 04.01.2023, IV C 1-S 1980-1/19/10038:007).