RE: Germany won't tax its residents for using cryptocurrencies as means of payment

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Germany won't tax its residents for using cryptocurrencies as means of payment

in bitcoin •  7 years ago 

Will they tax them when and if they turn them back into fiat money?

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"According to the decision, a conversion from crypto to fiat or vice versa is classified as “other taxable services”. Therefore, a party that is acting as an intermediary for this exchange will not be taxed."

They won't tax it either @fisker :)