The advantage of this is that larger positions can be traded even with little capital. Again, the classification as a futures trade comes into play. Here, too, the tax-advantaged one-year holding period cannot be applied. Income from trading with futures is accordingly subject to a flat 25% capital gains tax rate. Instead, investors speculate on the rise or fall of an asset in the future. However, the tax-advantaged one-year holding period cannot be applied to capital income. Futures trading does not involve buying or selling crypto assets. The classification as a forward transaction means that income from margin trading is subject to a flat rate of 25% capital gains tax. As a rule, interest also accrues here.

Here, too, the values of the time of purchase and the time of sale are compared.

The goal: Start-ups sell tokens in exchange for crypto assets and thus generate capital. A profit of more than 600€ is generated. Here, too, the values of the time of purchase and the time of sale are compared. Traders can use leverage to multiply the margin they deposit. Margin trading refers to a trade with borrowed capital. The external capital is provided by a broker in return for a certain security deposit, the so-called margin. From a tax perspective, a purchase of ICOs and IEOs is comparable to crypto trades. These events are only taxable if they are sold again within one year (365 days). Thus speculate on the rise or fall of an underlying crypto asset.

There is no guarantee here. Stablecoins are cryptocurrencies with high price stability (hence the “stable” in the name). Their price is pegged to classic fiat currencies, such as the US dollar (TrueUSD) or the euro (EURB). The sale of stablecoins becomes taxable only when you trade them within a year (365 days) and make a profit of more than 600€ as a result. It always depends on the individual case. Initial Coin Offerings (ICO) and Initial Exchange Offerings (IEO) are similar to the principle of a company’s initial public offering (IPO).

The spending of cryptocurrency for goods (e.g., a computer) or services constitutes a sale transaction. If you have lost assets due to a scam or hack, you can declare these losses in the tax return in the SO attachment. Accordingly, crypto gains are also taxable if the crypto was held for less than a year. The tax office will check if this can be counted as a loss. Let’s say you bought Bitcoin for 2,000€. The rising price ensures that your investment is now worth 5,000€. If you buy a computer with these Bitcoins, you have to pay tax on the profit (i.e. the difference of 3.000€) as if it were your income.

When Do I Have to Pay Crypto Taxes? This includes, for example, passive income from crypto like staking or lending. Simply put, you have to pay crypto taxes in Germany (what do you think) whenever there is a taxation claim. In the case of crypto, this claim exists in special individual and special cases. Specifically, you pay taxes on other income from the sale of private assets or also for income from other services.