Germany how to cash out without paying taxes?
There is currently no way of avoiding paying crypto taxes in Germany . However, it is possible to route your crypto to a country with very low or no crypto taxation to cash out. This approach is an easy and legal way to reduce the cost of cashing out your cryptocurrency.
In Germany, individuals are not required to pay capital gains tax on cryptocurrency holdings held for over a year. Nevertheless, it’s important to note that this exemption does not extend to businesses.
For short-term cryptocurrency transactions taking place within a single calendar year, regular income tax rates, which can reach up to 45%, along with the 5.5% Solidarity Tax are applicable, unless the profits from private sales amount to less than €600 EUR.
| Germany tax rate | Taxable income range for single taxpayers (EUR) | Taxable income range for married taxpayers (EUR) |
| 0% | Less than 10,908 | Less than 21,816 |
| 14% – 42%* | 10,908 – 62,809 | 21,816 – 125,618 |
| 42% | 62,809 – 277,825 | 125,618 – 555,650 |
| 45% | 277,825 and greater | 555,650 and greater |
Resource: https://tokentax.co/blog/crypto-taxes-in-germany
.
.