Capital Movement Tax Act
| Basic data | |
|---|---|
| Title: | Capital Movement Tax Act |
| Abbreviation: | KVStG 1972, CCG aF |
| Type: | Federal law |
| Scope: | Federal Republic of Germany |
| Legal matter: | Tax law , capital market law |
| References : | 611-13 aF |
| Original version from: | April 8, 1922 ( RGBl. I pp. 335, 354) |
| Entry into force on: | September 1, 1921 |
| New announcement from: | November 17, 1972 ( BGBl. I p. 2129 ) |
| Last revision from: | October 16, 1934 (RGBl. I p. 1058) |
| Entry into force of the new version on: |
January 1, 1935 |
| Last change by: | Appendix I chap. IV subject B Section II No. 32 G of 23 September 1990 ( Federal Law Gazette II pp. 885, 988 ) |
| Effective date of the last change: |
September 29, 1990 (Art. 10 para. 1 G of September 23, 1990) |
| Expiry: | January 1, 1992 (Art. 4 (1) No. 2 a) G of February 22, 1990, Federal Law Gazette I, p. 266, 283 ) |
| Please note the note on the applicable legal version. | |
The Capital Movement Tax Act was a federal law that regulated the collection of capital movement taxes in Germany from 1921 to 1991 . The Capital Transfer Tax Implementation Ordinance existed for the Capital Movement Tax Act.
It was a federal tax . The capital transfer tax law regulated the assessment and collection of stamp duty on securities , the stock exchange turnover tax and company tax .
Historical development
With effect from January 1, 1991, Art. 4 Paragraph 1 No. 1 of the Financial Market Promotion Act of February 22, 1990 repealed Sections 12 (securities tax) and 17 to 26 (stock exchange sales tax) of the Capital Movement Tax Act. The remaining provisions of the Capital Movement Tax Act (capital tax) and the Capital Movement Tax Implementation Ordinance were completely repealed with effect from January 1, 1992.
The repealed regulations on stock exchange sales tax are still to be applied after December 31, 1990, insofar as the tax arose before January 1, 1991 and tax obligations still have to be met that are related to tax already incurred, or insofar as there is liability for this tax (Art. 4 Para. 2 Financial Market Promotion Act).
The repealed capital tax regulations are still to be applied after December 31, 1991, insofar as capital tax arose before January 1, 1992 and tax obligations still have to be fulfilled that are related to taxes already incurred or insofar as these taxes are liable ( Art. 4 Para. 3 of the Financial Market Promotion Act).
