Germany Publishes First Nationwide Tax Guide For Crypto
The finance ministry's letter deals with the income tax treatment of mining, staking, lending, hard forks and airdrops.
Himanshu S.
1:12 11th May, 2022
Policy
Germany's federal finance ministry has issued guidance on the income tax treatment of crypto, the first nationwide instructions on the topic.
Individuals can sell bitcoin or ether tax free after one year, parliamentary state secretary Katja Hessel said in a statement.
The guidance deals with issues like mining, staking, lending, hard forks and airdrops, as well as the tax treatment of buying and selling bitcoin and ether, the finance ministry said.
