Anyone from Germany know this. If you hodl ubt /

Question

Anyone from Germany know this. If you hodl ubt /

or any other crypto for atleast 12 months your crypto is 100% tax free. How does this work if you stake UBT ? ( You pay only income taxes on staking rewards someone told me If you buy and stake your ubt the 12 months 100% tax free does not count and you need to hodl for 10 years. Anyone from Germany knows how this works. Thanxs

#cryptocurrency #english #unibright

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23.03.2022

15 ответов

25 просмотров

BunnyMaze

10 years

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23.03.2022

Behaj

BunnyMaze
10 years

You definitely accurate

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23.03.2022

M

Yes 10 years is correct

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23.03.2022

Umbrella Corporation Автор вопроса

Dan
Why don't you ask a German tax professional for ad...

I will when I am loaded 🤣

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23.03.2022

Umbrella Corporation Автор вопроса

M
Yes 10 years is correct

Yeez time to move to Dubai at that time. I thought Germany was crypto friendly not anymore ' if you stake ' 😅

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23.03.2022

Ihsan K.

You still have to pay tax your win if you lived half the year in germany while you bought your crypto

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23.03.2022

Digital Trust

Ihsan K.
You still have to pay tax your win if you lived ha...

Paying Taxes - sounds like a rich person problem

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23.03.2022

altcoingamer

id gladly give up staking to have 0 taxes, i think its important to keep perspective, youre in one of the top 5% best tax situations in the world

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23.03.2022

Umbrella Corporation Автор вопроса

altcoingamer
id gladly give up staking to have 0 taxes, i think...

I just found a video where only your staking rewards are tax free after 10 years. Your initial investment what is sitting on a wallet still stay tax free after one year.

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23.03.2022

altcoingamer

Umbrella Corporation
I just found a video where only your staking rewar...

sure but take the USA for example, im charged 24% tax on all long term capital gains and staking is subject to short term capital gains if taken before 1 year and with a cost basis of 0,

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23.03.2022

Umbrella Corporation Автор вопроса

altcoingamer
sure but take the USA for example, im charged 24% ...

Portugal the best in Europe and Dubai offcourse

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23.03.2022

altcoingamer

Umbrella Corporation
Portugal the best in Europe and Dubai offcourse

yeah but germany is easily top 10, is all im saying

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23.03.2022