Can complete losses from securities be deducted from tax?

The new tax rules have added more confusion than clarity. At the end of last year, just before Christmas, the legislature decided: Since January 1, 2020, investors can only deduct total losses from capital investments to a limited extent, namely only up to 10,000 euros per year. If they book “uncollectible capital claims” because loans and bonds are not repaid, or because of “worthless assets and comparable defaults”, these are no longer fully eligible – that is, deductible.

In fact, it happens more often that stocks are written off worthless from the portfolios. After corporate insolvencies, for example, this is what the clothing company’s shareholders recently experienced


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