German Finance Ministry Proposes 25% Cryptocurrency Tax Starting 2028
Source Summary
Germany's Ministry of Finance is proposing a 25% tax on cryptocurrency holdings, marking a significant shift from current tax law that exempts crypto gains from taxation after one year of holding. The proposed tax would take effect in 2028 if adopted.
Why it matters
This proposal would fundamentally alter Germany's tax treatment of cryptocurrency, potentially affecting investment decisions and revenue collection for the government.
What remains uncertain
The proposal status and likelihood of adoption by German lawmakers remain unclear.
