Speculation Tax
Tax on gains from private sales.
Gains from selling certain private assets are taxable if only a short period lies between purchase and sale: ten years for real estate, one year for other goods. Owner-occupied residential property is often exempt.
The relevant statutes
§ 23 EStG
What you can do now
The app creates the right letter with the correct statutes for you, free of charge and without signing up.
Related terms
General explanation for self-help, not legal advice (RDG). Individual cases may differ: if in doubt, contact a consumer advice center or a lawyer.