The BMF has sent the draft for crypto taxation to the associations. The cabinet is expected to approve it on October 14. Comments are only possible until October 6, which is six days away. What's included: – The holding period is waived for all Bitcoin purchased from January 1, 2027. Profits will incur a 25% flat tax plus a solidarity surcharge, regardless of how long one holds. – Existing holdings as of December 31, 2026 retain the annual period. – Staking and lending will be considered capital gains. – From 2028, exchanges will directly withhold the tax and may sell coins without consent for this purpose. – If the purchase price cannot be substantiated, 50% of the sales proceeds will be taxed as a flat rate. What has changed compared to the version from September: content-wise, nothing. The BMF has only updated the figures. It expects additional revenue of €350 million per year, and that only starting from 2029. The costs for citizens and the economy are still marked as "to follow." For such little money, the location Germany for Bitcoin will be damaged and trust will be destroyed. #Bitcoin #HoldingPeriod (translated)



