This post is from a low-reputation account and contains an unverified outbound link. Be cautious before clicking external links.
No Taxation On Bitcoin Use In Germany
Morning Friends,
Just wanted to share a bit of news regarding Bitcoin taxation. As per news resources, Germany has decided not to tax purchases made with bitcoin, with certain specified guidelines, unlike USA. In the United States of America, bitcoin is definitely taxed because it is considered to be capital.
Sweet move Germany! Maybe the USA will come around and decide not to tax bitcoin. What are your thoughts?
Safe Investments,
Cryptoexplode
References:
https://cointelegraph.com/authors/veronika_rinecker