A.I.M. Users Bulletin Board

[Conrad]

Thanks Toofuzzy!
It looks like there are many ways to "Skin a Cat". . .

This is like Paying The Piper and then having to pay Tax on what you pay to The Piper.
In The Netherlands we call it Sales Tax. . . @ 21% now!


On the investment side I think taxation work a lot different here but I can not say for sure. As I understand it we are taxed on profits and above a certain limit on Asset Value.
For example:

I earned € 63 on a PostNL investment . . .over a 15 day span. . .It was a 148% Annual Gain . . . and sold out! I pay taxes only on the € 63 IF I am in a Taxable income bracket. . something like 36% for the Lowe Bracket Income Range.

If I earned the € 63 on an investment that was worth more than the Threshold Capital Assets I would have to pay the 36% on the € 63 Plus 4% Asset Tax on the Year End value of the investment.

I never heard of a Taxation Invoice just after buying into a Mutual Fund here like ot happened to that Dr X..