Lump-sum interest pot
An accrued interest pot (also loss offsetting pot or similar) is the balance of the received and paid accrued interest that a bank has booked for a customer's securities account in the calendar year . It is the result of an ancillary calculation by the bank. The accrued interest pot is used to correctly determine the amount of the capital gains tax (KESt) to be paid by the bank in accordance with Section 43 EStG .
It has become necessary to keep interest pots in the course of the introduction of the flat rate tax on January 1, 2009. The Federal Ministry of Finance has given advice on individual questions relating to the pot model as to what the banks can use for practical guidance.
Tax liability of accrued interest
For the seller of an interest-bearing security or investment fund, the accrued interest received is income from capital assets within the meaning of Section 20 (2) No. 7 EStG (up to 2008: Section 20 (2) sentence 1 No. 3 EStG). This income is subject to capital gains tax. If there is no exemption order , the bank deducts the KESt as a so-called flat tax . The accrued interest is taxable in the year in which it is credited.
For the buyer, the accrued interest paid according to § 43a Paragraph 3 Sentence 2 EStG is considered negative income under tax law . So that this negative income does not fall under the table, there is the accrued interest pot.
Contents of the accrued interest pot
The accrued interest pot is "topped up" when buying interest-bearing securities and investment funds with the following amounts:
- Accrued interest on bonds with current interest and
- Intercompany profits in mutual funds
The customer receives or realizes in the same calendar year
- Interest income from interest-bearing securities or dividends (not price gains!) From stocks
- interim profits received on the return of investment units
- Accrued interest on the sale of fixed income securities
- Price gains from securities (but not shares)
the accrued interest pot is reduced by these amounts and the investment income is paid tax-free until the accrued interest pot is "zero". Investment income beyond this is subject to the withholding tax (provided any exemption volume has already been used up).
If there is a residual amount in the accrued interest pot at the end of the calendar year, the customer can offset it against other investment income as part of the income tax return, but not with income from other types of income ( Section 20 (6) sentence 2 EStG). This means in particular investment income from other banks or from the spouse.
Any remaining loss will either be carried forward by the bank to the next year or, at the customer's request, will be certified by December 15 of each year and can be offset against capital income from the current year at other banks or against capital income in subsequent years by way of assessment ( § 43a para. 3, p. 2 ff. EStG).
Individual evidence
- ↑ Federal Ministry of Finance, letter of December 22, 2009 regarding individual questions on the flat rate withholding tax, Gz. IV C 1 - S 2252/08/10004 ( Memento of October 21, 2012 in the Internet Archive ) (PDF; 657 kB), Rn. 212-240.
- ↑ Federal Ministry of Finance, letter of December 22, 2009 regarding individual questions on the flat rate withholding tax, Gz. IV C 1 - S 2252/08/10004 ( Memento of October 21, 2012 in the Internet Archive ) (PDF; 657 kB), Rn. 50.
- ↑ Federal Ministry of Finance, letter of December 22, 2009 regarding individual questions on the flat rate withholding tax, Gz. IV C 1 - S 2252/08/10004 ( Memento of October 21, 2012 in the Internet Archive ) (PDF; 657 kB), Rn. 51.
