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| Hi all,
In 2018 I had substantial losses on the stock market (more than 50% my annual income) and was wondering if it is possible to offset the net salary income with these losses and thus pay reduced taxes?
In other words, is the taxable income calculated on the net salary income alone (while stock losses are separately considered only in the wealth tax part of the tax return), or is the taxable income calculated as net salary income minus the losses?
Much appreciated if anyone knows the answer.
Cheers | |
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No, there is generally no taxation of stock exchange profits or loss's