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My reading of that article is not the same as yours. It clearly state dthat gains due to crypto are to be taxed at 19% - the CGT rate. > German law is even bet
by maccard 4y ago
My reading of that article is not the same as yours. It clearly state dthat gains due to crypto are to be taxed at 19% - the CGT rate.
> German law is even better, you don't pay any tax for selling digital currencies if you hold it for at least a year.
That's absolutely not the case - gains are treated as income if held over a year, not tax free. Coinbase has a really solid article on it [0]
[0] https://help.coinbase.com/en/coinbase/taxes-reports-and-financial-services/taxes/taxes-for-german-customers https://help.coinbase.com/en/coinbase/taxes-reports-and-fina...
- krzyk 4y agoThanks I wasn't aware that Germany has such taxes. As for Poland see Google translate page of official guidance from goverment: https://www-podatki-gov-pl.translate.goog/pit/rozliczenie-ze-sprzedazy-kryptowalut/?_x_tr_sl=pl&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=wapp https://www-podatki-gov-pl.translate.goog/pit/rozliczenie-ze... I poked around on Google and it looks like it is similar to France where crypto swap is also not taxable. (but I don't pay taxes there so it might be more complicated).