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28342806 No.28342806 [Reply] [Original]

man feels actually kinda comfy after all

>> No.28342906

>>28342806
>So germany is 0% tax if you just tether for 365 days right?

no, if you tether up you will have to pay taxes.

>> No.28343026
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28343026

>>28342906
thats nonsense, both are crypto coins. hope ure trolling

>> No.28343075
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28343075

what do you mean by tethering for 365 days

>> No.28343456

>>28343026
>thats nonsense, both are crypto coins. hope ure trolling


Nope. If you tether up your break the "1 year holding chain"

If you want to cash out taxfree in germany it goes like this:

>FIAT/Crypto -------> Buy Shitcoin XYZ ---------> Hold in wallet/exchange for 1 year ----------> sell to fiat/bitcoin/tether/shitcoin

If you break this chain and have unrealized gains you will have to pay taxes for these unrealized gains even if you exchange your cryptos to tether/fiat/shitcoin

>> No.28344026
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28344026

>>28343456

>> No.28344147

>>28343456
German here. My one year period is over in late april. Do I still have to file my taxes even though I owe them nothing? Also what if they don't accept my trading records? Anyone can write an excel file.

>> No.28344260

>>28343456
not true anon
fiat -> crypto -> wait one year -> no tax -> tether -> euro -> no price movement not tax (maybe couple of hundred if you bought tether for 1.00 and its now 1.01 but who cares)

>> No.28344362

>>28344147
Nein brauchst du nicht, aber kannst du gerne machen, wenn du schlafende Hunde wecken willst.

>> No.28344525

>>28344260
>fiat -> crypto -> wait one year -> no tax

Thats what I wrote retard. OP wanted to do following and not pay taxes.

>FIAT/Crypto -------> Buy Shitcoin XYZ------->(His shitcoin makes massive gains)--------->Sell for tether-------->Wait 1 year-------->Cash out taxfree

>> No.28344610

>>28344525
oh I see. yes that does not work

>> No.28344742

>>28344525
Nope. When you trade from one coin to another, that's considered "cashing out."

>> No.28344927

Every trade is a taxable event. To be quite honest I dont even know how that really works and if it is enforced in practice. My plan ist to just buy XMR on Binance, send it to a hardware wallet and from there to another Binance account with no ID attached created on a VPN (might be autistic but idk) so it cant really be traced back. However cashing out is gonna be hard with that

>> No.28344957

>>28344147
>German here. My one year period is over in late april. Do I still have to file my taxes even though I owe them nothing?

Yea you have to declare them if you want to cashout in the future taxfree.

>Ihren Veräußerungsgewinn zum Beispiel aus dem Bitcoin Handel tragen Sie in der Anlage SO (Sonstige Einkünfte) ein. Auch dann, wenn Ihre Gewinne unter der Freigrenze von 600 Euro liegen. Denn das Finanzamt muss zuerst offiziell die Steuerfreiheit feststellen.

>> No.28345564

lets say i had some btc some years ago and lost most of it on shitcoins. now I make some gains with some other coins and make up for some of my losses in sats. can i claim I just hold on to my btc ?

>> No.28345886

>>28345564
>can i claim I just hold on to my btc ?

No, they will ask you to proof how your acquired the bitcoin in the first place.