Do crypto investors pay tax in Germany?

Crypto investors in Germany won't pay tax on sales of digital assets such as bitcoin and ether -- as long as they're held for more than one year.

How do I declare my crypto activity in Germany?

You also have the option of declaring your crypto activity on paper and posting your tax forms to your local tax office (Finanzamt). To file your German crypto tax declaration, you'll may need 2 forms, one for general income, Hauptvordruck ESt 1 A, and one for your crypto income, Anlage SO.

Is koinly a good crypto tax software?

Koinly is not just crypto tax software, but a crypto portfolio tracker too - the perfect tool to keep records of your crypto purchase and sale dates. In Germany, crypto can be sold tax free if it was held for over 1 year.

Is bitcoin tax free in Germany?

In Germany, if you've owned crypto for over a year - the sale is tax free regardless of the amount you profit by selling them. Furthermore, you don’t need to declare them in your tax return! Giving Bitcoin or other crypto to your family or friends as a gift is regarded as any other gift in Germany.