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Personal tax

Published November 20, 2002
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BERLIN, Nov 19: The German Finance Ministry said on Tuesday investors would have to pay personal tax on profits from investment funds.

For the sale of share certificates, there would be no double taxation and already taxed interest and dividends would be counted, the ministry said in a statement. For gains from investment funds based on shares, the tax would only be based on half of the profits, the ministry said.—Reuters

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