According to ME News, on September 9 (UTC+8), Bitcoin News posted on X that the German Ministry of Finance is drafting a tax reform proposal to tax gains from Bitcoin and other crypto assets purchased after December 31, 2026, eliminating the current holding period exemption. Existing holdings will continue to be governed by the current rules, which allow tax-free sales if assets are held for more than one year. The proposed law is planned to take effect in 2027, with the first tax withholdings potentially beginning in 2028. The draft is still in an early stage and may be subject to further changes. (Source: ODAILY)
Germany Proposes Ending Tax Exemption for Long-Term Held Bitcoin and Crypto Assets After 2027
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Summary
Bitcoin breaking news: Germany’s Ministry of Finance is drafting a tax reform plan to eliminate the long-term holding tax exemption for Bitcoin and other crypto assets purchased after December 31, 2026. Current holdings will remain tax-free after one year. The new rules may take effect in 2027, with tax deductions potentially beginning in 2028. The proposal is still in early stages and subject to change. Bitcoin news outlets including MetaEra and Bitcoin News reported the update on September 9.
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