crypto cryptocurrencies bitcoin kryptowährungen

Cryptocurrencies/Bitcoins: Pitfalls and opportunities of self-disclosure

Self-disclosures in tax matters have recently become a sensitive topic for many taxpayers – especially against the backdrop of ongoing collective information requests by the tax investigation department in the area of cryptocurrencies/bitcoins. Since January 1, 2015, there has been an important change in German tax law that is particularly relevant for those who are thinking about filing a self-disclosure. […]

Cryptocurrencies and the Tax Implications for Individual Investors

Cryptocurrencies and the Tax Implications for Individual Investors Trading in cryptocurrencies (e.g., Bitcoin, Ether) is considered a private sale by individual investors (Section 23 of the Income Tax Act (EStG)): The one-year speculation period applies to each individual transaction. If the period between the purchase and sale is longer than one year, this transaction is exempt from income tax. Profits […]

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