Germany moves to tax bitcoin like stocks as new draft bill targets tax-free gains
60-second summary
Germany proposes treating Bitcoin as a stock for tax purposes, meaning new purchases will be subject to capital‑gain taxes while existing holdings retain the current rule that allows tax‑free sales after a twelve‑month holding period; the draft bill aims to close loopholes, and investors may see reduced after‑tax returns, prompting portfolio adjustments across the crypto market.
Existing holdings would keep the current tax treatment, which can allow tax-free sales after a 12-month holding period.