Germany’s Finance Ministry is drafting a tax reform proposal that would impose taxes on gains from Bitcoin and other crypto assets purchased after Dec. 31, 2026, according to a post by Bitcoin News on X citing WELT. Those assets would no longer qualify for the current exemption linked to the length of time they are held. Existing holdings would remain subject to the current rules, under which a sale is generally tax-free after the assets have been held for more than one year. The proposed legislation is planned to take effect in 2027, while the first tax withholdings could begin in 2028. The proposal is still at an early stage and may be changed later. The information was reported by WELT and relayed by Bitcoin News; the proposal has not been presented as a final law.
Germany’s Finance Ministry is drafting a tax reform proposal that would tax gains from Bitcoin and other crypto assets purchased after Dec. 31, 2026, Bitcoin News said in a post on X, citing WELT.
The proposal would remove the current exemption tied to the holding period for those new purchases. Existing holdings would remain under the current rules, which generally allow a tax-free sale after more than one year of holding.
The legislation is planned to take effect in 2027, and the first tax withholdings could begin in 2028. The draft remains at an early stage and may still be changed.
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