German finance ministry proposes 25% crypto tax starting 2028: Report
The German Ministry of Finance is reportedly seeking to impose a 25% tax on cryptocurrencies, departing from current laws that make crypto gains tax-free after one year of holding.
The German Federal Ministry of Finance reportedly issued a draft proposal to transition cryptocurrency trading profits to the standard 25% flat-rate tax starting in 2028.
The ministry’s proposal would apply to all crypto assets acquired after Jan. 1, 2027, according to a draft proposal seen by local news outlet Die Welt on Wednesday.
The draft also proposes grandfathering protections, meaning that digital assets bought before this deadline may be treated under the old taxation rules.