This is the 4819th most frequent German word.
abgeltungsteuer
"Abgeltungsteuer" is a flat withholding tax in Germany on capital income, such as interest and dividends.
The word 'Abgeltungsteuer' here is a noun referring to the specific tax type designed to streamline a financial process.
Die Abgeltungsteuer wurde eingeführt, um die Besteuerung von Kapitalerträgen zu vereinfachen.
The flat-rate withholding tax was introduced to simplify the taxation of capital gains.
In this context, 'Abgeltungsteuer' is used to describe the tax obligation imposed on the income generated from investments.
Viele Anleger müssen jährlich die Abgeltungsteuer auf ihre Zinserträge entrichten.
Many investors have to pay the flat-rate withholding tax on their interest income annually.
Here, 'Abgeltungsteuer' is discussed as a legal mechanism introduced to bring consistency to financial regulations.