Cryptocurrency Q&A
What is the 183 day rule in Germany?
What is the 183 day rule in Germany?
RiderWhisper
Tue Jun 11 2024
|
6 answers
1344
Could you please explain to me what exactly is the 183-day rule in Germany? I've heard it mentioned in the context of taxes and residency, but I'm not quite sure how it works. Does it have any specific implications for individuals or businesses? Is it something that foreigners living in Germany need to be aware of? I'm interested in understanding its practical applications and how it might affect my financial situation.
6 answers
CryptoGladiator
Thu Jun 13 2024
However, there exists a notable exception to this general rule, known as the 183-day rule. This regulation is designed to address the taxation of individuals who spend a significant portion of their time working abroad.
Was this helpful?
240
23
OpalSolitude
Thu Jun 13 2024
Typically, the income of an employee is taxed in the country where they are liable to taxation. This principle is generally applicable across different jurisdictions, reflecting the tax sovereignty of respective nations.
Was this helpful?
350
84
Raffaele
Wed Jun 12 2024
BTCC's spot trading platform allows users to buy and sell cryptocurrencies at current market prices, providing a convenient and secure way to trade digital assets. Its futures trading offering, on the other hand, enables investors to speculate on the future prices of cryptocurrencies, offering a potential avenue for hedging and profit-making.
Was this helpful?
88
92
ShintoBlessed
Wed Jun 12 2024
The 183-day rule stipulates that individuals who have spent 183 days or less working in a foreign country are taxed in their country of residence. This provision serves to protect residents from being taxed twice on the same income.
Was this helpful?
396
73
IncheonBlues
Wed Jun 12 2024
The application of this rule ensures fairness in taxation and prevents the potential for double taxation, which could be unduly burdensome for those frequently traveling or working internationally.
Was this helpful?
52
65
Load 5 more related questions
Related questions
- What is the 183 day rule in Spain?｜Spain's residence rules The most well-known rule is the '183 days' one. . These days do not have to be consecutive.If you spend more than 183 days in Spain in a calendar year, you become Spanish resident whether or not you take out a formal residence permit
- What is the 183 day rule in Spain?
- What is the 183 day rule in Germany?
