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Title: Selling on bitcoin.de Post by: ibrahim11 on January 02, 2017, 10:25:59 PM If you live in a country (not Germany) where Capital gains tax applies but you sell bitcoins on bitcoin.de and withdraw to a German bank account then is there no tax? Provided that you have held the bitcoins for one year of course.
Title: Re: Selling on bitcoin.de Post by: Amph on January 03, 2017, 07:28:59 AM in that case you need to check the rules in your country about capital that are held abroad, usually they have higher limit than those in your contry
this mean that you can trade for higher amount without paying anything, at least here in italy it work that way, limit is 15K euro for example Title: Re: Selling on bitcoin.de Post by: pawel7777 on January 03, 2017, 10:31:34 AM Afaik, the short answer would be YES. You're subject to tax laws of the country you reside in. In some cases, you're subject to double taxation (ie. US citizens living abroad). So if you made a taxable capital gain, then you should report it and pay the tax, it doesn't matter which platform or bank account you used to sell your bitcoins. |