Hi, this year my company from Romania (where I’m currently located) is making a profit (P) but I won’t receive it until dividend distribution sometime next year around April. But at the same time, I will be relocating to Germany early next year.
I talked with my accountant and he said I still need to pay tax in Romania (~5%) when receiving these.
What do I have to do if I live in Germany at that time? Do I have to declare this amount P? Will I need to pay additional tax? It only adds to my confusion when you consider converting from local currency (RON) to euro…
I know there are some tax agreements between countries but I don’t know where to even start. From wundertax’s “[Mandatory tax return](https://germantaxes.de/tax-tips/submitting-your-tax-declaration/)” section “If you have income from capital gains subject to withholding tax on which no dividend tax was paid”. Which might mean I don’t need to declare this if is already taxed?
2 comments
What *you* need is a tax consultant.
Maybe you can claim a tax refund in Romania and declarde the dividends in Germany. well you have to declare them here any way, but that way you avoid double taxation.
But definetly, you need a tax consultant. german tax law is unbelievable complicated.