Crypto
Germany considers scrapping 12-month crypto tax exemption rule
The German government is pushing a plan to scrap the current system under which gains from selling cryptocurrencies such as bitcoin are generally tax-free if held for more than 1 year. A draft law from the Federal Ministry of Finance would impose a flat 25 percent tax on gains regardless of holding period, applying to crypto assets acquired after Jan. 1, 2027. Transitional measures would preserve the existing rule for assets acquired by Dec. 31 this year.