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You will need to pay taxes as you are required to mention this in your tax form. Otherwise it's just tax fraud. I would put 20-30k aside to be save.
by Mehringotio 4y ago
You will need to pay taxes as you are required to mention this in your tax form.
Otherwise it's just tax fraud.
I would put 20-30k aside to be save.
- SZJX 4y agoNah. It’s mentioned in multiple places in this thread that crypto, just like any other personal asset, is tax-free after being held for a year. It has always been so. Not sure on what basis you arrived at the conclusion that “You will need to pay taxes as you are required to mention this in your tax form.” Also see https://www.toytowngermany.com/forum/topic/370675-taxation-on-crypto-currencies/ https://www.toytowngermany.com/forum/topic/370675-taxation-o...