Quote from: Maheshkumar_Hrangkhawl on August 26, 2018, 12:39:27 PM

Quote from: Linconde6654 on August 21, 2018, 09:13:49 AM

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.

Paying tax is good not only in German but in every country, as well as the acceptance of digital currency is concerned, it is good to for all us if more and more countries will accept, it, we are getting stronger financially and we are, I have header about it recently that a few more countries has accepted bitcoin so I appreciate your effort about it, hopefully we will see more growth in bitcoin acceptance.

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