Post
Topic
Board Economics
Re: Germany recognized the bitcoin
by
Maheshkumar_Hrangkhawl
on 26/08/2018, 12:39:27 UTC
germany classifies it as property, too. You have to pay income tax when you sell it. The ruling regards merely sales tax.

If the German authorities classify it as a property, then you may need to pay capital gains tax (not income tax) once you convert your coins to fiat. IMO, it is better, as the capital gains tax in Germany is lower than the income tax.