- Cryptopolitan reported that Germany’s Bundestag Finance Committee rejected a tax overhaul that would abolish the tax exemption for long-term crypto holdings.
- As a result, Germany’s system granting a capital gains tax exemption on sales after holding for more than one year will remain in place.
- Some in the market said the decision means Germany will maintain a relatively crypto-friendly investment environment within Europe.
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Germany’s Bundestag Finance Committee has rejected a tax overhaul that would have eliminated a capital gains tax exemption for long-term crypto holdings. The decision leaves intact the current rule under which investors…
