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Everything You Need to Know About Crypto Capital Gains Tax in Germany, Italy, and France

  • Crypto traders and investors in Italy, Germany, and France are required to pay capital gains tax on their cryptocurrency profits.
  • To calculate crypto capital gains tax, subtract the buying cost from the selling price and apply the relevant tax rate.
  • In Italy, profits exceeding 2,000 euros are subject to a 26% capital gains tax, which may increase to 42% in the future.
  • France imposes varying tax rates on crypto gains, with occasional traders paying 30% and frequent traders paying 45% on their profits.
  • Germany encourages long-term crypto investment and exempts cryptocurrencies held for over a year from capital gains tax.

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