On 07/25/2017 the Federal Ministry for Finances first released information about its stance on the fiscal treatment of cryptocurrencies. These clarifications contain basic information on the tax situation and the assessment of processes such as "mining" as well as the valuation of cryptocurrencies and their taxation in private and business assets. Further questions were posed to the Ministry of Finance in a parliamentary inquiry which is expected to be answered by the end of 2018 at the earliest.
Detailed information can be found in our crypto tax guide (in German only).
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