Create your own wallet seed using regular dice - en.bitcoin.se
- Create your own wallet seed using regular dice - en.bitcoin.se
- Bitcoin De Bitcoins Verschicken - VIETTPAE
- Bitcoin Kaufen Steuer - Ist der Bitcoin -Handel über die ...
- Köpa Bitcoin
- Bitcoin Escapes VAT Thanks to ECJ Ruling VATCalculator.com
My Crypto taxes in Germany - 2017(18), actual status
submitted by dmx442 to CryptoCurrency [link] [comments]
yesterday I finally had my "date" with my official tax accountant from a major German tax union in Hessen. He does all my official tax work and is legally responsible for my tax return. Since I had some trades in 2017 with BTC, (and a lot in this year!), I was looking forward to this meeting to get all my crypto-tax questions cleared.
The state is as follows:
The German Finanzamt doesn't know how to tax crypto, again. There was a EU judgement (case „Hedqvist“, C-264/14) in 2015 which defines Bitcoin and Crypto as currency and therefore can’t be taxed. This view has also been strengthened by the German Federal Financial Supervisory Authority (BaFin) in this year (2018) which has the same view on Crypto. This resulted in the "mess" that we are in (for us in Crypto in Germany it is great actually) tax regarding.
To sum it up, this was told to me from my Tax-man, for a private person doing private trades:
- I dont need to report anything Crypto related. Not my BTC buys, not my binance trades, no airdrops, no mining, no passive income from holding, nothing.
- The German Finanzamt simply doesnt care for cryptos now, the volume and tax amounts are insignificant and it is now defined as currency-type again. If you are not dealing with SIGNIFICANT amounts of €-value in Cryptos, nobody will even ask you about anything. If you are dealing whit amounts which raises the questions of the "Finanzamt" (hence "Significant"), it is about money laundering and the likes of.
- The "Finanzamt" has, for now, no LEGAL way of requesting/tracking trades on crypto-exchanges (except for cases when they go to court), since exchanges are not official banks/financial institutions, they have no legal authority over them. In turn, Crypto exchanges have no official/standardized way of reporting taxable trades/buys/etc... like financial institutions have. No one is going to manually track and calculate your trades unless they are said to do it by court (again, example money laundering and such cases)
- I can and should keep a record of my trades IF the legal situation changes. It is highly unlikely, but you never know.
- I should never invest more than I can afford, and don’t put everything in Crypto
tl;dr: For now, in Germany are NO TAXES to pay on anything crypto related. Cryptos are defined similar to currency and not taxed.
EDIT: I see this is blowing up, I will try to directly talk to the "Finanzamt" about this since the opinions and experiences range from: " You are fucked and going to jail" to "Great, thats it".
EDIT 2: German "Finanzamt" doesnt give statments regarding procedures, I shall contact a legal tax adviser or preferably a union. You cant make that shit up. Back to square 1, will make a second meeting with a different adviser to check it explicitly on that matter. What a legal swamp....
youtube rival crypto bitcoin news investing Jag heter Bitcoin bankomat beograd Hedqvist och bitcoin credit card för bitcoin. Enklast kontaktar du mig på forumet eller på vår Facebook-sida. Gäller det köp av Bitcoin här på bitcoin. Du når dem på safello. Money Cowboy. På bitcoin facts. Genom att surfa vidare godkänner du att vi promo code bitcoin kakor. Vad är kakor? Om du har ... Grundsätzlich bitcoin de bitcoins verschicken baut Bitcoin auf der bereits möglichen Anonymität im Internet auf.Nach wie vor ist Bitcoin eine der wichtigsten Kryptowährungen überhaupt, auch und vor allem wegen seiner zukunftsweisenden Technologie, energieintensive unternehmen definition der Blockchain. Zumindest müsste der Zahlungsempfänger ggf. Nur Sender und Empfänger können den ... When Hedqvist – who also runs the information site and forum Bitcoin.se – asked the question, he was looking to expand his online business and launch a new Bitcoin exchange. However, he didn’t want to do it without knowing if he would have to pay taxes, so he turned to the Swedish Tax Agency. So, are bitcoin exchanges subject to VAT or not? That was the question up for debate until fairly recently. Last Thursday the European Court of Justice finally ruled that bitcoin exchanges should be exempt from VAT within the EU. While most countries didn’t apply VAT, Sweden had decided it wanted to do so.. One resident of Sweden, a certain David Hedqvist, decided he wasn’t happy with that. Der Europäische Gerichtshof (EuGH) hat zwar 2015 in der Sache Hedqvist entschieden, dass die Umsätze mit Bitcoins unter die Steuerbefreiung für Devisen nach dem EU-Recht fallen. Besteuerung von Bitcoin, Ether und Co. Finden Sie hier einen Steuer-Experten für Kryptowährungen