GERMANY MOVES TO TAX LONG-TERM BITCOIN GAINS.
🇩🇪 As of now, Germans pay no capital gains tax on crypto held for more than one year.
Under a new budget proposal, Germany wants to change that.
Crypto profits would be taxed like stocks, meaning gains would be subject to a flat capital gains tax regardless of how long the assets were held.
The government says the change could raise around €2 billion per year, and calls it “modernization.”
🇩🇪🚨 GERMANY GOES ALL IN 🚨🇩🇪
Sparkassen and Germany’s banks are preparing to bring $XRP and crypto trading to millions of users through the banking apps they already use every day.
Mass adoption doesn’t always make headlines at first… then suddenly, it’s everywhere. 👀🚀
Germany is scrapping the 1-year tax-free holding period for Bitcoin gains. Effective January 2027.
Crypto will be treated like stocks: capital gains tax regardless of how long you held.
Austria did this in 2022. Bitpanda's co-founder called it "an extremely stupid decision." More bureaucracy, barely any additional revenue for the state.
CDU/CSU still opposes it. SPD is pushing it through the 2027 budget.
Parliamentary vote pending. Not law yet.
For German holders with positions over 12 months: the window to realize gains tax-free under current rules is closing.
The government calls it "modernization."
The exit door has a deadline.
#Bitcoin #Germany #Crypto #BTC #Steuer
Good morning everyone!
Another busy day today. 8 PT sessions booked in. Personal training has picked up alot over the last few weeks.. can tell it's summer 🌞😂
I need help... Has anybody on used Revolut X for buying crypto? What's it like compared to coinbase?
My first X payment hit my bank and it's going into BTC 😂
❗🇩🇪Germany is introducing a new tax on all #Crypto gains at over 26% from 2027, scrapping the popular one-year tax-free rule & aligning digital assets with stocks. Struggling with weak growth & widening #BudgetDeficits, 🇩🇪government aims to raise around €2B in fresh revenue to plug fiscal holes & modernize rules. Crypto previously enjoyed favorable treatment similar to gold or art, but that edge is gone. Investors are rushing to sell & rebuy holdings to lock in tax-free profits before the deadline. The move risks accelerating capital flight to more lenient #EU countries or beyond, as crypto taxes remain a national matter with very different rules across the bloc. #CryptoTax #GermanEconomy
@WELT
🇩🇪 Haltefrist: Ich kotze im Strahl für diese Dreistigkeit und Frechheit.
Die SPD sagt "„Diejenigen, die Steuern zahlen dürfen, ist ja auch etwas ganz Tolles."
Jens Behrens (SPD) findet die Steuern auf Krypto eine "coole Sache".
https://t.co/WLuj2n8v7X
Germany's Finance Minister just confirmed crypto gains will be taxed like capital income.
The 1-year tax-free holding period that made Germany one of the most bitcoin-friendly countries in Europe is on the chopping block.
@CastedBerry@AttackMill40180@ThatOjoBoy You no get sense
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When Kolu de uk carter stream been no sweet ?
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