Crypto money used for Proof of Stake is only tax-free after 10 years

After a long wait, the Federal Ministry of Finance (BMF) has published a draft letter on the taxation of crypto currencies, which for the first time also comments on the taxation of income from Proof of Stake (PoS). In view of the many open tax questions, the 24-page letter deals with many aspects that were already known from administrative practice. Nevertheless, there is still plenty of material for discussion. The tax attorney Anka Hakert has been dealing with tax issues relating to cryptocurrencies since 2013 and advises private investors as well as companies. One remark right from the start: The … Continue reading Crypto money used for Proof of Stake is only tax-free after 10 years