What are the tax reporting requirements for cryptocurrency trades in Germany?

1 answers

• SaschaMar 01, 2024 · 2 years ago
  At BYDFi, we understand that tax reporting for cryptocurrency trades in Germany can be a complex process. That's why we provide our users with detailed transaction histories and reports that can be easily used for tax purposes. Our platform automatically calculates gains or losses and provides all the necessary information, such as the date of the trade, the type of cryptocurrency, the purchase price, and the selling price. This makes it easier for our users to comply with the tax reporting requirements and ensures accurate reporting. However, it's always a good idea to consult with a tax professional or accountant to ensure you meet all the necessary requirements.
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