Crypto?
I have a question, maybe someone knows what happens if I deposit 1000 euros to get to 3000-4000, sell part of 1000 euros again and withdraw the money I deposited because I basically just left the profits and had the deposited amount paid out, or am I wrong?
I’m not sure if I understood your question correctly. I understand them so that 1000 euros will be invested and then 3k to 4K.
The first thing to say is that it doesn’t matter how much you pay out in euro, but how much profit you made. Let’s say you buy 4 coins for 1000 euros and they’ll go to 4k. Then you spent 250 euros per Coin and every Coin is worth 1000 euros. Now you’re selling a coin for 1000 euros and thus you’ve realized 750 euros. If there is less than one year between purchase and progress, the profit must be taxed accordingly with your personal income tax rate, as the free limit of 600 euros is exceeded.
It doesn’t matter if the money is already on your account or on the stock exchange.
Krypto is treated as art objects by law.
I.e., if you make quick profits in a short period of time, and let them pay out in Euros, then you have to tax all this normally at the tax office.
Only when the cryptocurrency 1 year remain, and then it is tax-free.
What?
So this is not a horror now, but rather a “What do you want to say?”
But I’ll try.
You buy crypt, make profits from it (which is actually created only by the sale), because this looks as follows:
Under one year you will sell it again:
private sale business acc. § 23 para. 1 No. 2 EStG and thus “other income” according to § 22 No. 2 EStG
If all income from the sale of the cryptocurrency is taxable if the free limit of 600€ is exceeded.
sold over one year:
There is no tax due
☝️ Jepp
You better formulate it than me.
I hope your question could be answered?
hah 🙂
I’ll take some coffee xD -.-‘
my question was not 😉
Yeah, actually, right?
no idea if this is so simple and whether it is so right
To simulate