Holding period
Forner period of time (until 2009) during which capital gains from securities transactions were taxable (or subjected to the highest tax rate)The holding period in Germany was twelve months – i.e., capital gains resulting from the purchase or sale of securities held for less than a year were subject to income tax. As of 2009 with the introduction of the 'Abgeltungssteuer' (flat rate withholding tax) the holding period was abandoned.