Germany’s Finance Ministry has drafted a proposal to impose a flat 25% tax on crypto gains from 2027, potentially ending the country’s long-standing rule that generally allows individuals to sell crypto tax-free after holding it for more than one year. Including Germany’s solidarity surcharge, the effective rate could reach roughly 26.4%, before any applicable church tax.
The proposed rules would reportedly apply to crypto acquired from January 1, 2027, while assets purchased before that date would retain their existing tax treatment under the reported draft. Automatic withholding by banks and platforms is expected to begin in 2028, but importantly, the proposal is not yet law and could change during the legislative process.
#cryptonews #bitcoin #cryptotax #germany
The proposed rules would reportedly apply to crypto acquired from January 1, 2027, while assets purchased before that date would retain their existing tax treatment under the reported draft. Automatic withholding by banks and platforms is expected to begin in 2028, but importantly, the proposal is not yet law and could change during the legislative process.
#cryptonews #bitcoin #cryptotax #germany
