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Germany Wants To End Bitcoin's Tax-Free Perk. Long-Term Holders Could Soon Face A 26% Tax.

Germany
International Business Times Fews App News Provider
Fews App Post Time ha 1d

Germany currently treats Bitcoin, Ether and similar privately held crypto assets differently from stocks for income-tax purposes. Source: Freepik Germany is preparing to end a major tax advantage for cryptocurrency investors, with a Finance Ministry proposal that would make gains on newly purchased Bitcoin and other digital assets taxable even when they are held for more than a year. Under the proposal, crypto acquired after Dec.

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