Field help:
(2021)
... foreign investment income included therein
Specify the foreign capital gains which are subject to withholding tax or which would be subject to withholding tax in Germany.
If applying for unlimited tax liability or applying for the personal and family-related tax benefits, the amount of foreign income earned during the time abroad which was not subject to German income tax must be checked.
The conversion of income in foreign currency must be done on a monthly basis using the Euro reference rate of the European Central Bank. However, it is not objectionable if wage payments received in a foreign currency are converted on the basis of an annual conversion rate - determined from the VAT reference rates published monthly, rounded down to the nearest 50 cents. (Ministry of Finance (BMF) letter dated 14.12. 2014)
Here is an overview of the annual conversion rates for the key foreign currencies.
