Andrew Asmakov reports that "Germany's federal finance ministry (BMF) issued the country’s first guidance on the income tax treatment of cryptocurrencies, as well as other blockchain-based tokens.
The 24-page document issued Tuesday covers various aspects of crypto-related issues, which are explained technically and classified in terms of Germany’s income tax law.
Most important, the sale of acquired cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) is now tax-free for individuals after one year of owning the assets, Parliamentary State Secretary Katja Hessel said in a statement. Moreover, the new guidance also applies to digital assets used in staking or lending protocols."
Source credit and full story - https://decrypt.co/100086/germany-wont-tax-bitcoin-ethereum-sold-after-one-year-of-possession
Link to Federal Ministry of Finance document - https://www.bundesfinanzministerium.de/Content/DE/Downloads/BMF_Schreiben/Steuerarten/Einkommensteuer/2022-05-09-einzelfragen-zur-ertragsteuerrechtlichen-behandlung-von-virtuellen-waehrungen-und-von-sonstigen-token.pdf?__blob=publicationFile&v=1
Tamil Genocide Rememberance Day - #Mullivaikal - #May18
@naam-tamilar/mullivaikal-may-18-the-genocide-of-sri-lankan-tamils-by-the-sri-lankan-government
Sri Lanka's Killing Fields (Part 1/4) - How UN and International Community Failed and abandoned Sri Lankan Tamils in 2009:
Link to Full movie - Channel 4's Sri Lanka's Killing Fields:
