Everyone is reporting a tax rise. Do the arithmetic and Germany is cutting the top rate for active traders by nineteen points, from 45% to 26.375%. The people getting hit are the ones who buy and sit on it, which until now was the whole point of holding crypto in Germany.
Germany has prepared a 25% flat tax on cryptocurrency gains from 2028, potentially ending the countryβs long-standing exemption for Bitcoin and other digital assets held for more than one year. Der Spiegel reported that Germanyβs Federal Ministry of Finance hasβ¦
Germanyβs debate over Bitcoin taxation has gained a new political dimension after the Alternative for Germany won nearly 44% of the vote in Saxony-Anhalt, months after the party opposed plans to remove the countryβs one-year crypto tax exemption. Reuters reportedβ¦
Swedenβs tax authority has ordered six crypto companies operating in Boden to pay nearly 540 million Swedish kronor (approx. $56 million) in additional taxes after finding that the firms used business structures to obtain tax benefits they were not entitledβ¦