7Mo·

Good morning ☀️

How is it actually regulated if you sell the coin before the one-year holding period and do not transfer the money to your account, for example, but store it on the Euro Wallet in Coinbase$COIN (+0,76 %) for example, do you still have to pay taxes or does anyone know? $BTC (+1,45 %)
$XRP (+3,8 %)
$SOL (+2,53 %)

#steuern #tax office

Thanks for your help!

Your King 👑

11 Commentaires

Bullnbear@Bullnbear

7Mo

In Germany, the tax-free sale of your coins applies after a holding period of one year in accordance with Section 23 EStG (private sales transactions). If you sell your coins before the end of the one-year holding period, the profit is generally taxable, regardless of whether you subsequently use the money, transfer it or leave it in your account. Sales within one year of the purchase date are taxable, and profits from such sales must be declared in your income tax return.

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six@six

7Mo

@Bullnbear This is not entirely correct. Up to €600 from (all) sales transactions, gains <1 year holding period are also tax-free (also applies to gold, for example).

https://www.smartsteuer.de/online/steuerwissen/kryptowaehrung-und-steuererklaerung/#:~:text=17.06.2021%20bestätigt.-,Freigrenze,der%20gesamte%20Betrag%20versteuert%20werden.

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Vikes@Vikes

7Mo

@six isn't it 1000 from 24?

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Bullnbear@Bullnbear

7Mo

@six The 🚽 penny of €600 wasn't worth mentioning to me. That's quickly reached.

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six@six

7Mo

@Bullnbear yes, but certainly not for everyone 😂 (and the creator didn't mention a sum. It may be less than €600, in which case the whole question is superfluous)

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six@six

7Mo

@Vikes hm no idea. You mean from 25? The link above still says €600 🤷🏻‍♂️

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Vikes@Vikes

7Mo

@six No, from the 2024 tax year.

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Aslan_@Aslan_

7Mo

By when do I have to file my tax return?