Shares with "tax-free" dividends

Some companies distribute their dividends from special reserves and declare the profit sharing as "tax-free". However, these distributions from the tax deposit account in the sense of §27 of the German Corporate Income Tax Act (KStG) - as it is technically called - are only tax-free for investors who already have the respective share in their securities account before 2009, i.e. before the introduction of the flat rate withholding tax. For all other investors, taxation is merely postponed. This is because the "tax-free" dividends are carried forward over the holding period, reducing the purchase price. As soon as an investor then wants to sell his share, the final withholding tax becomes due - on the difference between the selling price and the original purchase price, which has been reduced by the dividends received. Boersengefluester.de compiles the overview every year on the basis of the tax information in the AGM invitation. It is therefore worth taking a regular look at this exclusive overview.