[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.55527192 [View]
File: 240 KB, 1070x960, pepe_video_20.png [View same] [iqdb] [saucenao] [google]
55527192

I'm living in germany an I'm financially somewhat well of and as my parents get older I want to give something back, mainly money.
This led me down the taxes rabbit-hole to prevent my parent getting raped by the state.

As it turns out, as a kid, you can only gift 20k in 10 years tax-free, for everything over that, the state takes something like 20-25%
Now I'm asking myself, why? Why does the state would want to discourage kids from financially setting up their parents?

Anyone knows how this came to be or why that is not the case? Am I missing something?

Navigation
View posts[+24][+48][+96]