Germany Plans to Abolish Tax Exemption for Bitcoin and Other Crypto Assets Purchased After 2027 on Long-Term Holdings
2026-09-08 16:45
Odaily News: Bitcoin News posted on X platform stating that, according to WELT, the German Ministry of Finance is drafting a tax reform proposal that would impose taxes on gains from Bitcoin and other crypto assets purchased after December 31, 2026, with the holding period exemption no longer applicable. Existing holdings will still be subject to current rules, meaning profits from sales after a holding period of typically more than one year remain tax-free. The relevant legislation is scheduled to take effect in 2027, with the first tax withholding possibly beginning in 2028. The draft is still at an early stage and may be adjusted in the future.
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