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Mmastodon BusinessCrypto first seen 1 d ago, last 1 d ago, peak #2

Germany plans to scrap one-year crypto tax exemption

Original: Das Finanzministerium plant das Aus für die einjährige Haltefrist bei # Krypto . Ab 2027 soll auf Gewinne aus # Bitcoin

Germany's finance ministry is planning to abolish the one-year holding period that currently makes private crypto sales tax-free after twelve months. From 2027, profits from Bitcoin and other cryptocurrencies would instead be subject to the flat capital gains tax, bringing digital assets in line with other investments. The proposal is drawing attention among German investors, who face higher tax bills on long-held coins if the change takes effect.

Why now: German crypto investors are reacting to a proposed tax change that would end tax-free crypto sales after one year from 2027

German Finance MinistryBitcoin

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