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Does anyone know if Germany has an exit tax on unrealized crypto gains? Also how to go to Portugal and exit crypto positions
thank you cypruslaw for your reply. Yes you are right and I will consult a legal tax advisor.- travelfun
- Post #9
- Forum: Tax, Accounting, Licensing & Legal
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Does anyone know if Germany has an exit tax on unrealized crypto gains? Also how to go to Portugal and exit crypto positions
thank you for this infos! I think you are right about realizing the gains in Germany first. Also I read some threads about Portugal and it appears to be more complex than I expected. I dont want to leave anything up to a tax enforcement whith grey areas on cryptocurrency. Germany is quite clear...- travelfun
- Post #7
- Forum: Tax, Accounting, Licensing & Legal
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Does anyone know if Germany has an exit tax on unrealized crypto gains? Also how to go to Portugal and exit crypto positions
Thank you for replying in this thread. I have been looking it over more and you are right about it being a trap if I move somewhere with unrealized gains.- travelfun
- Post #6
- Forum: Tax, Accounting, Licensing & Legal
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Does anyone know if Germany has an exit tax on unrealized crypto gains? Also how to go to Portugal and exit crypto positions
I wonder if anyone has the experience of leaving Germany to cash out in a country like portugal? Scenario- Person A lives in Germany and has held 1 BTC for 5 years and decides to put it into a stablecoin. According to the law anything held over 1 year is tax free. - Than 3 months later with...- travelfun
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- Forum: Tax, Accounting, Licensing & Legal
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Looking for a crypto-exit strategy
would you be able to pm me infos as well? thank you- travelfun
- Post #47
- Forum: Tax, Accounting, Licensing & Legal
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Looking for a crypto-exit strategy
do you have to report your over 1 year held trades? Say one sells btc into a stablecoin after holding for 3 years . Does that trade need to be reported in Germany?- travelfun
- Post #43
- Forum: Tax, Accounting, Licensing & Legal