Odaily Planet Daily reports that Bitcoin News posted on X that the German Ministry of Finance, led by Klingbeil, has proposed a flat 25% capital gains tax on bitcoins purchased after December 31, 2026, increasing to 26.375% when combined with the solidarity surcharge; starting in 2028, cryptocurrency exchanges will be required to withhold and remit taxes. If the purchase cost cannot be provided when transferring bitcoins to another platform, the 25% tax rate may apply to the entire sale amount, not just the profit portion. Bitcoins acquired before this date will continue to qualify for the existing one-year holding period tax exemption; currently, individuals in Germany are exempt from taxation when selling bitcoins held for more than 12 months.
Germany proposes a 25% uniform tax rate on Bitcoin purchases after 2027, with platforms withholding tax starting in 2028.
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Summary
Germany’s Ministry of Finance, led by Klingbeil, has proposed a 25% capital gains tax on Bitcoin purchases made after December 31, 2026, with a solidarity surcharge increasing the rate to 26.375%. Starting in 2028, platforms will be required to withhold and remit taxes. If cost basis data is unavailable, the 25% rate may apply to the full sale amount. Bitcoin acquired before the deadline remains tax-free if held for more than one year. Traders are advised to monitor altcoins in light of evolving regulatory changes.
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