Tax withholding on interest, dividends, fund distributions, stock and currency gains since 01.01.2009 satisfy the tax burden. This means that there is no obligation to specify this already taxed income on the tax return. Individuals who have a personal tax set below 25%, can reclaim the excess paid tax on the income tax return.
There is, however, the possibility to exempt income from capital assets from the withholding tax. To do so, an exemption order in the amount of the savers allowance up to 801 EUR for single persons and 1.602 EUR for married couples filing jointly can be filed at your bank. After the savers allowance is exhausted, additional capital gains are subject to tax withholding.