Under German tax law, the crypto tax rate is based on the ordinary personal income tax rate. This amounts to between 14% and 45%. The solidarity surcharge, which everyone has to pay, is an additional 5.5% of the tax rate.
Crypto tax:
German Income Tax Bracket:
Value Added Tax (VAT):
In Germany, the taxation of cryptocurrencies involves specific rules for personal income tax (PIT) and value-added tax (VAT). Profits from private sales transactions below 600 Euros in a calendar year are tax-free, and no tax is due when cryptocurrencies are held for over a year. Crypto-to-crypto and crypto-to-fiat sales are taxable, and mining activities are considered other income. The income tax rates in Germany are progressive, and VAT exemptions apply to certain cryptocurrency transactions. In contrast, VAT may be applicable for providing wallet services or running a crypto exchange platform. It is essential to consult with a tax professional for accurate and up-to-date advice regarding cryptocurrency taxation in Germany.
https://blockpit.io/en/blog/crypto-taxation-regulations-germany/
https://nomoretax.eu/bitcoin-tax-haven-germany/
https://tokentax.co/blog/crypto-taxes-in-germany
The information provided in this collection of crypto country tax rates is intended for general informational purposes only. While every effort has been made to ensure the accuracy and completeness of the information, it should not be relied upon as legal or financial advice.
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