Crypto cashout in Germany, 0% tax,

[zaybxc]

What if someone who lives and does crypto-to-crypto swaps in a jurisdiction where such swaps are tax-free (like Cyprus, Hungary ect.) then relocates to Germany to cash-out?
That would give the chance to load crypto bags during the bull market (swapping between shitcoins), convert to stablecoin and then cash out in Germany after one year: would the German taxman be ok with that?

 

[Revoltec]

zaybxc said:
What if someone who lives and does crypto-to-crypto swaps in a jurisdiction where such swaps are tax-free (like Cyprus, Hungary ect.) then relocates to Germany to cash-out?
That would give the chance to load crypto bags during the bull market (swapping between shitcoins), convert to stablecoin and then cash out in Germany after one year: would the German taxman be ok with that?
Click to expand...

I do not see why this wouldn't work as long as you stay to just trading. However, you would need to prove the holding period to the German tax agency so you need proper documentation

 

[zaybxc]

Revoltec said:
I do not see why this wouldn't work as long as you stay to just trading.
Click to expand...

Just because it seems way too easy (provided that you have enough savings to live for a couple of years in a jurisdiction where crypto-to-crypto is tax free or find a job there).

Revoltec said:
However, you would need to prove the holding period to the German tax agency so you need proper documentation
Click to expand...

That's easy, it's written in the blockchain or the crypto-exchange can provide such info.