What are the legal consequences if I send money back and forth with friends via PayPal in ARS, thereby accumulating my money? For example, I send €1 to my girlfriend. My girlfriend receives €1, but only 0.60 cents is debited from my account because of the ARS-to-€ exchange rate.
(1 votes)
Loading...I'm a freelance web developer and currently use the small business tax exemption. Since I don't have a large turnover yet, I don't have a tax advisor, so I consulted a good friend. He suggested I file a tax return via ELSTER halfway through the year. I followed through. Do I have to file another…
Hello, I recently became aware of Gerchgroup AG, formerly GERCH Development GmbH, following its insolvency announcement. The company is apparently a project developer of large-scale construction projects and is currently involved in nine projects with a total investment volume of approximately €4 billion. However, I can't find much information about the company itself or its…
Can you continue to use it indefinitely or do you have to buy premium at some point?
Good day I have a question about real-time transfer If my girlfriend transfers half of the rent and 550 for electricity to me via real-time instant transfer from the SPARKASSE to the Targobank, how much will the fees be? My girlfriend suspects 5 euros, but I can't imagine that because I've only read about a…
I'm about to ride my bike to my appointment, but someone has had the joke of chaining my bike with their lock. I can't get it off. What should I do? Help!
If profits are achieved, you are taxable.
Profits from currency transactions remain tax-free after one year. If a profit is obtained from the purchase and sale of foreign currency amounts, this is a taxable private sale transaction, provided that the period between purchase and sale is not more than one year.
Apart from the abzock factor……
The question is pointless. That doesn’t work. In the end, only the bank wins, which take a fee for the currency conversion.