The ministry of finance has declared that bitcoin transactions will not be taxed!
Instead, Germany will regard bitcoin as the equivalent to legal tender for tax purposes when used as a means of payment, according to a new document.
For tax purposes, this means that converting bitcoin into a fiat currency or vice versa is "a taxable miscellaneous benefit." When a buyer of goods pays with bitcoin, an article of the EU's VAT Directive will be applied to the price of bitcoin at the time of the transaction, as documented by the seller, according to the document.
Can you give us the news source because most countries consider their currency to be the only legal tender?
Does this mean that they will not consider the Bitcoin as a commodity?"Because of the rise in the price of the Bitcoin "from 100$ to 10,000$", some countries are considered a taxable commodity"
This will not change much in the equation but it is good to hear such news.