Is crypto tax free in Germany?|Are Cryptocurrencies Taxed In Germany? Short answer: Yes. Middle answer: Profits from cryptocurrencies are generally taxed in Germany. .Crypto gains are tax-free if they are less than 600€ or the holding period is more than one year
Hello, could you please clarify for me the tax implications of cryptocurrencies in Germany? I've heard rumors that crypto might be tax-free, but I'm not sure if that's true. Is it accurate to say that profits from cryptocurrencies are generally taxed in Germany? Also, I've read somewhere that crypto gains might be tax-free if they're below a certain threshold, like 600€, or if the holding period is longer than a year. Is this correct? Could you please elaborate on this? Thank you!