Germany is preparing to tax cryptocurrency gains at a 25% rate, effectively eliminating the one-year exemption period that has allowed investors in Germany to sell their Bitcoin and Ether holdings without incurring any tax obligations for years.
Germany Targets Crypto Gains With Flat 25% Tax
Germany’s Finance Ministry is preparing a draft that would consider crypto gains as capital gains. The proposal would impose a 25% tax rate on all cryptocurrency sales.
The rate would be applied to all investors, regardless of how long they held the assets prior to selling. Currently, the crypto profits of individuals are not taxed in Germany if they have owned the assets for at least one year.
The current system has different rules…
