According to Cryptopolitan, the German far-right party Alternative for Germany (AfD) secured first place in the Saxony-Anhalt state election with 43.8% of the vote, winning 39 out of 83 seats, while the CDU’s vote share dropped sharply to 17.2%. Although this victory does not directly impact federal tax law, it will further strengthen AfD’s influence in Berlin’s discussions on cryptocurrency tax reform. The AfD has consistently advocated for preserving the 12-month holding period exemption for Bitcoin and opposes classifying private mining and Lightning Network node operations as commercial activities subject to taxation. In contrast, the German Federal Ministry of Finance is planning to eliminate this tax exemption, aiming to generate at least €1 billion in additional annual revenue.
Germany's AfD Wins Saxony-Anhalt Election, Bitcoin Tax Debate Intensifies
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Summary
Germany’s AfD won 43.8% of the vote in Saxony-Anhalt, securing 39 seats. The CDU dropped to 17.2%. The AfD supports the 12-month capital gains tax exemption for Bitcoin and opposes taxation on private mining and Lightning Node activities. The Ministry of Finance seeks to eliminate the exemption, aiming to generate €1 billion annually. The debate intersects with concerns over illicit fund flows.
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