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1 sat \ 3 replies \ @billiam 30 Apr \ parent \ on: SN's wallet plans meta
Yes, I spend my 2023 aquired BTC now with peace of mind tax free as no captial gain tax after 1 year hodling. Within the first year, since 2024, 1000€ are tax free which is awesome as well.
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31 sats \ 2 replies \ @siggy47 1 May
I hate to have to say this, but if you are referring to US tax rules, after one year you get capital gains treatment. You owe taxes. It's just at a lower rate. If you sell less than one year after you buy, it is taxed at ordinary income rates, which is much higher.
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54 sats \ 1 reply \ @ek 1 May
He's referring to Germany tax rules
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22 sats \ 0 replies \ @siggy47 1 May
Ah. I'm packing my bags. And you mock your homeland?
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