You have to declare the winnings, so don't forget to deduct your total investment from your purchases in your winnings! Otherwise, you'll be offering them much more than a third 😉
vikingotrader
--
in germany, for winnings on binance over 600€/year, a 30% tax is applied. so if i earn 20000€ from bitcoins, i have to pay 6000€ to the state + the fees for transactions and currency conversion on binance. why should i give 30% to the state? is the government afraid that citizens can become rich and no longer be slaves to time and work? when will we wake up from sleep? when will we free ourselves from our vampires?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.