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Breaking Bitcoin News: Germany Set to End Bitcoin’s Tax-Free Holding Period as SPD Takes Over

  • Germany is expected to end the tax-free holding period for Bitcoin as the SPD takes over the finance ministry.
  • Currently, if Bitcoin is held for more than one year, any profits from selling are tax-free in Germany.
  • Under the new proposal, crypto gains would be permanently taxable, with a flat 25% tax rate.
  • The potential change has sparked backlash and concerns about driving investors to other countries with more favorable tax laws.

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