Tax on P2P crypto sales?
Hi, there are various P2P crypto platforms. I'm interested in how profits are taxed there.
Let's say I sell on Binance and charge 20% fees on my sales. Then, if I sell €100, I would have a profit of €20. How do I have to pay taxes on that?
If you have kept the position at least 12 months, then profits up to 600€ are free of charge. 12 months ago, the 20€ must be taxed. In my knowledge, the amount of savings does not intervene because it is not a financial product but rather a property in the sense of tax law.