German Finance Ministry drafts abolition of one-year crypto holding tax exemption
- —One-year holding exemption would be scrapped, making crypto gains taxable regardless of holding period
- —New rules would apply only to assets acquired after Dec. 31, 2026
- —Tax regime would start in 2027, with automatic withholding via platforms from 2028
- —Industry associations can submit comments until Oct. 6; cabinet review is set for Oct. 14
Why it matters: Germany may remove the tax-free holding incentive for crypto, potentially reducing the appeal of long-term crypto investment in Europe's largest economy.
Source: BTC-ECHO
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