With the rising prices of many cryptocurrencies, investing in them is becoming increasingly popular, with a particular focus on taxable sales. Both the sale on trading platforms and the payment of goods are to be regarded as private sales transactions, provided the tokens were purchased beforehand. Due to the classification of cryptocurrencies as an object of speculation, the holding period in particular plays a decisive role, as gains are tax-free after more than one year. In many cases, however, an individual examination is necessary, as these may not be classic acquisitions and could be commercial trading.
The taxation of cryptocurrencies is a complex challenge for companies, as unlike private investors, no private sales transactions are carried out. Tax aspects must be carefully considered, particularly for transactions such as the sale or payment of services in cryptocurrencies. The tax treatment of cryptocurrencies can vary depending on the country and jurisdiction, which makes it necessary to carefully examine the individual situation.
