Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
good old germany 
The 11.5% for Switzerland are complete nonsense.
There is no crypto tax, there is only a property tax where crypto coins are added (based on an average fiat worth that the tax admin sets yearly) to your other properties and this tax is almost always in the very low single percentage figures (~1-5%).
Trading gains are tax free too as long as they do not classify one as professional trader (which would simply lead to paying income taxes on the gains).
Is it even possible to talk about a single tax on cryptocurrencies throughout Switzerland, when in fact each canton has different tax laws? As far as I know, in Switzerland cryptocurrencies are classified as movable property. But some cantons made them a subject to income tax, some - to capital gain tax, some to wealth tax, and some even to value added tax. And all this taxes are different.