jester gave positive reputation to a post in a topic: Taxation on crypto currencies - please read before asking
jester posted a topic in FinanceHi, Is anyone up to date on how Spekulationsgewinn is applied to crypto currencies. My understanding is that any gains you make on trades that are over 1 year are tax free. So if I bought bitcoin in 2015 and sold them tomorrow for cash then I don't pay anything. But if I sold bitcoin for cash that I bought 6 months ago, then I pay tax on any gains made. Would this also apply to trading bitcoin for a different crypto currency. If I trade bitcoin I purchased 6 months ago for ethereum, would I be liable for tax on the gains I made? Or is this only for when cashing out?