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.
Let's be clear that this rule likely only applies to German citizens. Germany can't make tax policy that would apply to the world and most tax obligations are driven by your Country of residence or citizenship.
I wonder if this move by Germany could influence tax treatment in countries throughout the European Union?
Can you share your source for this news?