1/6 Spain's Ministry of Finance has announced new tax reform | Kryptos on Binance Square

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1/6 Spain's Ministry of Finance has announced new tax reforms allowing financial organizations to seize crypto to settle tax debts. 🚨 Are you prepared? #Kryptos #altcoin #Bitcoin #DeFi #Saylor $BTC

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😨It's surprising how many are still unclear about how crypto gains are taxed in Germany! With the tax deadline on 31st July approaching, let's clear this up once and for all! 🚨 The BSZt is clear that short-term capital gains from crypto held less than one year and any additional income from crypto is subject to Income Tax. The tax rate you'll pay is the same as your regular Income Tax rate - up to 45% plus potentially the 5.5% Solidarity Tax. 💸 You pay tax on crypto gains if: - You sell, swap, or spend crypto within the same year, netting over €600. - You sell crypto used in staking/lending within one year. 👨🏼‍💻If you earn more than €256 from mining, staking, or other crypto income, you must file a tax return. Want more details: https://t.co/zK2jsVJAnW Now or Never! Get you crypto taxes report for FREE: https://t.co/GB9wsaqnfl #TaxComplaince #Kryptos #Crowdstrike #Germany

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Versetzen Sie die deutschen DAC-8-Richtlinien zu Kryptosteuern in Stress? 😓 Kryptosteuern sind heikel. Die neuen EU-DAC-8-Richtlinien des BZSt ermöglichen dem BZSt den Zugriff auf Konten von Kryptounternehmen und deren Überprüfung und bieten tiefere Einblicke in Kryptovermögenswerte. Es ist noch wichtiger, die Vorschriften einzuhalten. #Kryptos #Web3finance #HappyFridayEve #ThankfulThursday

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Have you ever invested €75,000 in crypto to an exchange or a company and all of a sudden POOF...GONE! 🤯 In Germany, if you've sold, swapped, or spent crypto within a year and ended up with a loss instead of a profit, you don't owe taxes on it. But don't forget to track these losses—you can use them to reduce your overall tax bill by offsetting them against your profits. #Kryptos #web3security #CryptoHack #cryptocurrency #ETH

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Living in Germany? Crypto Tax Stress? 😓 @hellokryptos can help! 🔍 Easily track your entire portfolio and simplify crypto tax reporting with automated transaction imports 📜 And the best part? It's completely FREE! https://t.co/GB9wsapPpN #Kryptos #Binance #Bitcoin #USDT

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Big news, Kryptos Fam! 🌟 Our mobile app just got a major upgrade! 🚀 Check out the new and improved transaction features on both Android and iOS. 🎉 Effortlessly manage your portfolio and track your web3 finances all in one place. Download the app for FREE: IOS: https://t.co/7xJNtVj8Zh PlayStore: https://t.co/jxsRq2zVnR #Kryptos #tuesdaymotivations #Web3Finance

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