Is Germany the best Western 1st world country for crypto?

High as fuck taxes.
>Germany has 0% tax on crypto held over 1 year
going to need source on that.
Also, buy shitcoins, hold or a year, only way to cash out it's by buying bitcoin or eth with it then selling it, no longer 1 year investment and u get taxed on the profit.
>So many refugees and third world immigrants ethnic germans will become a minority in a few decades
>so many immigrants from radically different cultures the identity of germany will forever be changed

You guys have free education, which is the way it should be, at least for most careers, awesome country, too bad you guys became deatched from reality from living in your little perfect bubble, welcome to the real world now.

You would have to pay income tax which is up to 45%.

germanfag here
germany has the second highest taxes in the EU (and concidentally the lowest wealth per household. yes we are the poorest country in europe despite our booming economy).
trade cryptos and you get fucked
make money and you get fucked
the only reason we still have the hodl loophole is that our economy is completely incompetent and slow to catch on. this will change though. after all we need to feed millions of niggers and arabs

Listen to this man. Besser könnte man es nicht ausdrücken.

user I live in a small village with 4k people and even here we have rapefugees now
if you havent noticed they put them EVERYWHERE. you can go to some bumfuck ton in sächsische schweiz and you will see niggers. this country is being destroyed as we speak.

Belarus is where it's at anons

I have two houses in two tiny backwater villages in Bavaria and Lower Saxony and there's 0 niggers in either. Guess I'm lucky

Just pick good coins.

I'm moving to Germany later this year and my portfolio is all coins that I'll be happy to have 12 months and 1 day later.

I have ~600k in crypto at the moment, though i do think i will cash out perhaps 50-100k and then be able to buy in without triggering tax events.
(since you only get taxed when you realize a gain)

Besides if your trade really is worthwhile, it will at least 2x versus holding ETH or other bluechips, so it would be worth it.

Earnings through day trading are taxed in the USA too, it's just the income tax brackets are different

My income tax bracket in 2017 and 2018 for the USA is 39.8%. It's not that far off.

good for you then, enjoy it while it lasts.
its official government policy to put these subhumans into every town. because having a white, german city is racist.

Also wenn mit auf's Land ziehen ein einsamer Bauernhof gemeint ist - ok. Aber selbst hier in meiner 20k Einwohner Gemeinde laufen den ganzen Tag Neger die Straßen rauf und runter.

what i don't get it is you having thousands, million of people in the west(especially south america) desperate to get in there but reject them in favour of muslims
i know sudacas aren't that much greater but at most they'll make the looting and robbery higher but it's better than raping and driving buses over children

i hope youre not moving to germany for tax purposes user
that would be the dumbest thing you can do.
again the only reason we have the hodl loophole is because our government is notoriously slow to catch on. this is not gonna last though.
if you come to enjoy our beatiful country (or whats left of it) and if you are white, then welcome to germany. if youre some shitskin then fuck off were full

Wo sollte man dann in Europa leben, wenn nicht Deutschland? Die Niederlande?

ich muss nochmal mein deutsch ueben.. tut mir leid fuer mein Deutsch

>i hope youre not moving to germany for tax purposes user
No. I had this plan since before crypto blew up. I lived there for a year in an exchange program ~7 years ago and loved it, and now i work with a team there and will be joining them (and doing a PhD)

Also I am white (Everyone always speaks German to me and then realizes my german is rusty from 7 years of not using it) and loved every second i lived there in 2009.

I'm moving to Hamburg and i know fairly well what areas to stay the fuck away from. The city is big enough that one will always be able to evade them.

they don't even take their own European immigrants, before the crisis germany was refusing to allow polish immigrants this was 5 years before the goverment said they had to take ahmeds because their population was ageing etc, lmao.
you guys getting jewed hard.
Asians are better than niggers and arabs and ur country is not interested in allowing them in.

Wasn't the previous election and AfD's result a turning point? Or have things regressed again?

Source: 23 (1) Nr. 2 EStG
If you sell your shitcoin after 1 year for BTC it is not taxable. You selling of BTC in the next moment for FIAT is taxable because you held below 1 year, but you make 0 profit.

If i sell my shitcoin for fiat after 1yr if available then txfree

white genocide. google kalerghi plan this has all been planned out a long time ago. started out in the 60s with turkish "guest" workers and we were promised they would leave again. then 2015 for some reason they completely lost their shit and ramped everything up to 10. literally brought in millions of savage niggers and arabs within a year and pretty much destroyed the face of this country.
I wonder who could be behind it...

the AfD got 13% of votes so they have virtually no political power
also that means that 87% of germancucks are fine with their country being destroyed and want more shitskins imported. so no, no turning point.

so you have to pay zero taxes because you made zero profit you brainlet.

techwise germany is most pajeet country - concern concern concern, lets regulate this lets regulate that.
Beware this shitcountry, if you can.

yep extremely overregulated
most complicated tax system in the world
you cant take a shit here without applying for a license
except if youre a mudshit then you can literall rape women in the streets and will get a slap on the wrist max.

...

Read again.

Zero profit on the BTC to fiat trade

How you can cash out in Germany?

Are crypto-crypto trades taxable events in Germany?

yes

Yes, thats what i said and didn't understand

yes and you only have to pay taxas on profits!!

jokes on you, here in italy we pay 0 taxes

Bullshit

you buy lube for the finanzamt, when they show up to double-fist you.
Then you cash out and hope for the best.

dane here and i cant find any laws stating anything regarding crypto

Deutschland ist scheiße, ihr seid die Beweise

im a pajeet and i visited your glorious country. I was in Laishingen or however its spelled, north west of Ulm. Upon hearing this about no tax, i might have to visit there soon. Fuck the jewnited states of goyim.

if you look at asian countries they are falling over themselves to attract fintech business and become players in the blockchain industry
even the US is bullish on blockchain
in the EUSSR the first impulse is to shut.it.down.
germany is a fantastic place if youre a nigger or just complete loser who wants handouts and gibs. if youre an enterprising white man that wants to make something out of himself this is literaly the worst place you could be. they will tax you to hell and back here, there is simply no way to make money in germany. most of the smart people I know have already left this place for greener pastures.

>Be switzerjew
>Go to germany
>Go to kaufland
>90% of the products are 5 times cheaper
>Get additinal 20% off because i dont pay their taxes

Thanks DDR

Yes, it's bad.
When I make it in crypto, I'll move somewhere else.

Honestly, came to germany on a holiday in 3 days i saw.
>multiple refugee welcome stickers
>people with antifa clothing demonstrating with flags
>kurds demonstrating
>a shit ton of muslims

>quoting fake news

tax-wise germany is one of the worst.
You pay taxes per-trade, every trade > taxhammer because here cryptos are commodities.
They were also planning VAT tax from fiat to crypto and back, but this was canceled from EU.
Don't know the status of this right now.

too many non-whites, simple as that.

Misleading Headlines. For the media regulation = outright ban

it was MSM fud but if you think theyre not gonna close the existing tax loopholes and miss out on billions in tax revenue then I got bad news for you user...

In Portugal you pay 0% tax on any crypto trade, short term or long term

yes as opposed to all those other far whiter 1st world countries such as .........

For that they have to change german tax law first.

Germans already tax scam the rest of the EU

They charge lower rates than any other nation so almost all logistics flow through Germany because of this fact.

But thanks to over regulation, socialism and corruption the EU wont be around in its current form much longer.

>when the us wants to regulate: 'MURICA FUCK YEAH
>when europe wants to regulate: COMMUNISM REEEEEEEEE
That's not just fud it's literally fake news. Not even in the article do they mention any bans, only regulation.
If you don't think the EU is bullish on blockchain technology read this: europa.eu/rapid/press-release_IP-18-521_en.htm.

I honestly have no idea what you are talking about. germany is the biggest net payer into the EU.
logistics flow through germany because we are the best at it.
but again, taxes are high, living costs are increasing and purchasing power is dropping. the average german is poor as fuck even though the economy is booming.

Schweiz, Österreich(?)

nigger other countries are giving tax breaks to fintech corps and on blockchain related stuff to attract business
if you believe that the german government isnt gonna come down hard on existing tax loopholes and gonna tax the shit out of crypto gains then I dont know what to tell you. this is an overregulated mess of a country and pure hell if you want to run a business.

>lebe nicht in deutschland, weil es zu teuer ist
>lebe stattdessen in der Schweiz

was?

0 taxes on crypto gains, we clearly pay taxes but crypto is considered as another currency so it's like buying dollars or pounds
not even memeing

No way? Is that actually officially confirmed by the tax authority?
Do you have a source?

mehrwertsteuer is included you dumbfuck

>~7 years ago
haha you will regret your decision. 7 years ago germany was actually fine.

best Muslim country in the world, for me its germany

Well, it's not like i'm giving up my US Citizenship, so I'm not locked in to anything long term.

I think you don't realize how bad and non-white other countries are. America is only white in a dozen states or so.

bullshit, nigger. erst nach einem jahr halten. hör auf amis zu memen

You have niggers and mexicans, both are christians or atheists. Arabs are muslims. I much prefer christian niggers or mexicans.

i dont think youve ever been to the US user
its a fucking zoo over there
they do have white states like wymonig though.. germany is overpopulated and niggers/arabs are everywhere now.

Germany/Auatria is pretty good, everybody complaining doesn't consider that there's much more bad shit going on in France/Spain/Italy, you name it.
The one year thing is great too.

t. Viennese

Sure, you could go to the Netherlands or Estonia, Belarus etc. for an even better legal crypto situation, but how shitty must your life be to move because of a money question about whether you have 50k or 100k or whatnot.
Find a purpose, clean your room etc

>Germans are (relative to other countries) obsessed with digital privacy and preventing government spying

nah not really, they give that impresion but the average Dörfler CDUler is too dumb to understand that kind of shit.

yes retard but I recover 20% mehrwertsteuer from my total sum

lol the AfD are a bunch of redneck retards, anywhere they have held office they have been plagued by incompetence. Except for a couple of smart people leading the party, they and their supporters are utter retards.

what non germans on Veeky Forums don't seem to understand is that both the politicians from the established parties and the bureaucrats are too old and uninterested in technology and such to understand cryptos, so even if you could argue your 200k came from buying btc 3 years ago the Finanzamt will pester you until they get their share, and the Finanzamt doesn't fuck around.

You can prove length of ownership since it's a public ledger and you have the keys..

>not having tax residence in Zug

and why exactly is swiss tax residence better than german tax residence for crypto?

Being this retarded

der tag an dem ich deutschland für immer verlassen kann wird glorious.

brauche aber wohl noch paar jahre

The finanzamt will suck your balls of you position them smart enough

If you cash out under 1k EUR, it would be fine though. FA won't see small transactions like that.

I'm biased, as I already live in Switzerland, and I'm not that much into crypto, but;
>Steuerrechtlich sind die digitalen Währungen ein «geldwertes Recht an einer Sache», welches zum Reinvermögen zählt. Kapitalgewinne auf beweglichem Privatvermögen – wozu auch die virtuellen Währungen gehören – sind steuerfrei. Im Umkehrschluss können auch Verluste auf Kryptowährungen steuerlich nicht abgezogen werden.

This is true for all of Switzerland. Once you exceed that (which is up to the tax office and depends on a couple of things), you would pay about 20% taxes on your gains, in Zug at least.

Recently found out I'm 1/16th German. Based feel. The rest is British, no pajeet here.

As an amerimutt who has german citizenship, would it make sense for me to travel to Germany to cash out my gains in order to evade taxes? Or would I still have to pay US taxes?

That's long term capital gains in the US for the top bracket. I mean that tax rate isn't bad for an insanely expensive europeon country, but it's nothing extraordinary like 0%

Nope, American citizens pay taxes regardless of location

tax treaties make it a fairly moot point though

yeah see thats what ( mean
87% of germancucks would rather feel smug than vote in the only party that actually wants to put limits on mass immigration. I guess things arent bad enough yet.

Soo..bad teeth but not totally retarded. Congrats.

lol, funny. Good one Rashjit

It is hilariously expensive, but of course at some point that stops to matter. How are taxes on ordinary income in the states like?

Living in Switzerland, well, we're a xenophobic bunch, still quite a bunch of immigrants, some of them definitely useless, but I talk to a shit ton of expats regularly and well, most of them seem to be well on their way to a PhD, or already have it. Last black guy I spoke to was a professor (hooray for anecdotal evidence).

Taxes are pretty low versus Europe, especially in states with no income tax. Plus no VAT and can (well, was a good idea before crypto) put money into 401k for tax deduction

smartasset.com/taxes/income-taxes

>40% payroll tax
But that's okay because you don't tax memecoins right?

>60% crypto tax so that Ahmed can install Sharia-controlled zones

nah man.