Veräußerungsgeschwindigkeit

Veräußerungsgewinn, also known as capital gain in English, refers to the profit realized from the sale of a capital asset, such as real estate, stocks, bonds, or other investments. In German tax law, the concept is governed primarily by the *Einkommensteuergesetz* (Income Tax Act) and related regulations, particularly § 23 of the EStG, which outlines the taxation of capital gains.

A capital gain arises when the selling price of an asset exceeds its acquisition cost, adjusted for factors such as inflation or improvements. The taxable amount is typically calculated as the difference between the sale proceeds and the asset’s tax basis, which includes purchase price, transaction costs, and certain expenses. In Germany, capital gains are generally subject to income tax, with an additional *Soli-Zuschlag* (solidarity surcharge) and, depending on the asset type, possibly *Kirchensteuer* (church tax).

Not all capital gains are taxable. Exemptions apply under specific conditions, such as the sale of a primary residence after a minimum holding period (e.g., 10 years in some cases) or the sale of certain business assets under favorable tax rules. Additionally, small gains may fall below the tax-free threshold, which varies annually.

For real estate, the *Grunderwerbsteuer* (transfer tax) is also applicable upon sale, separate from capital gains tax. Taxpayers must report capital gains in their annual tax return, and failure to do so may result in penalties or interest charges. Professional tax advisors or accountants are often consulted to ensure compliance and optimize tax liability, particularly in complex transactions.

The tax treatment of capital gains can vary based on changes in legislation, so staying informed about current regulations is advisable for investors and sellers.