Nicola
Sat Jun 08 2024
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7 answers
1243
What is the tax on crypto in Germany? | How much tax do you pay on crypto in Germany? The tax rate you'll pay is the same as your regular Income Tax rate - up to 45% plus potentially the 5.5% Solidarity Tax. But if you hodl for a year, you'll pay no tax at all on your crypto gains.
I'm just wondering, what exactly is the tax rate on cryptocurrency in Germany? Could you please elaborate on how much tax one would have to pay on their crypto holdings in Germany? I've heard that the tax rate is similar to the regular income tax rate, which can go up to 45% and potentially include a 5.5% Solidarity Tax. However, I've also heard rumors that if you hold your crypto for a year, you won't have to pay any tax on the gains. Could you please clarify this for me?
