Deep Tide TechFlow News. On May 07, according to a report by Bitcoin News, German Finance Minister Lars Klingbeil reportedly stated that the German government plans to tax Bitcoin and crypto assets in a way different from the current rules. This could mean scrapping the existing policy under which holdings of more than one year are exempt from tax, and making their tax treatment more similar to that of stock assets. The related adjustments have already prompted some legal scholars to question them, arguing that implementing a stricter tax regime solely for Bitcoin may involve the principle of equal protection under the German Constitution. Previously, Austria had also canceled a similar tax exemption policy for long-term holdings.

BTC-0.44%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin