Circle Exec Slams Germany’s Proposed 50% Crypto Tax Penalty

Circle’s Patrick Hansen stressed that the planned reform on crypto taxation would introduce a 50% substitute assessment for crypto assets if users fail to provide credible purchase documentation, with these assets paying 50% of the sales proceeds in taxes. Circle’s Patrick Hansen Criticizes German Crypto Tax Reform The cryptocurrency tax reform proposed by the Federal […]

Source: https://news.bitcoin.com/regulation-and-legal/circle-exec-slams-germanys-proposed-50-crypto-tax-penalty/