In Germany after 1 year.
The Czech bros have eliminated capital gains for those who hodl for over three years, no tax on one cycles worth of gains? Lol too easy!
https://blog.beaverbitcoin.com/2025/02/11/czech-republic-eliminates-bitcoin-capital-gains-tax/
Discussion
Germans always more efficient aren't they?
It was always like this, but the lefties would like to cancel it. They like to tax Bitcoiners on unrealized gains.
In South Africa I can take $2100 out tax free each year, anything above that you pay 18% on "profits"
Not even the right wing Americans understand how socialist US has become.
EU's Commie Zentrale taxes its citizens' capital less than the US does.
Let that sink in.
How so? What's the effective rate?
Effective rate makes sense when it's just about income. If you add some assets, and add property taxes + cap gains, US total tax burden is almost equal on the same level of income.
- ie, the commie level wealth confiscation.
Sure, you can make double income in the US.
But if you retire, focus on family, or just drop the job income stream for whatever reason, then your total tax burden in US is ~4x to the German one.
For sure, US is more dynamic, and provides better opportunities. But you're still their tax slave.