- March 16, 2024
- Posted by: legaleseblogger
- Category: Related News
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### Living and Working in Germany and the Netherlands
My wife and I are currently residing in the Netherlands, right next to the German border. We both work in Germany, with my wife being a business owner as a dentist, and myself being a regular employee, occasionally freelancing as well. Our entire income is earned in Germany, and we pay all of our taxes there. The Dutch authorities provide us with a pro forma 0Ôé¼ tax statement each year.
### Challenges with Scalable Capital and Baader Bank
I recently opened an account with scalable capital, with “Baader Bank” in Germany as the financial institution behind it. However, I have been facing difficulties for months now. The bank is requesting a document stating that we are only obligated to pay taxes in Germany. I have provided them with previous tax statements from past years, but they are insisting on official proof from the Dutch government.
It seems improbable for the Dutch government to issue such a document, as we are required to pay taxes in the Netherlands if we work there. How can they assure the bank that we will not do so in the future? They could only confirm for past years, which is already evidenced by the tax statements provided.
### Assistance from AI Legalese Decoder
In this situation, AI Legalese Decoder can help interpret any legal or official documents provided by the Dutch government to ensure that they meet the requirements of the bank. Additionally, it can provide guidance on how to navigate the complexities of cross-border taxation and help in communicating effectively with the financial institution.
### Seeking Recommendations for ETF-Brokers
Has anyone faced a similar situation before? Is this a common issue, or is it just the Germans meticulously following regulations? Can anyone recommend an ETF-broker that is more accommodating in such circumstances?
### Importance to the Bank and Tax Filings
Why does the bank place such significance on this specific documentation? In the future, I plan to disclose this bank account in my tax filings, and it would be taxed based on the prevailing circumstances of that year, regardless of whether we work in Germany, the Netherlands, or both. Any guidance or insights would be greatly appreciated.
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