In Germany you have to pay taxes at the moment that you claim your rewards as SBD/STEEM evaluated with the daily exchange rate to EUR because it's an income for the work you have done on steemit.
If you make profit on exchanging cryptocurrencies you don't have to pay taxes if you hodl the new currency for one year. This is because you start exchanging with an amount of EUR that has already been taxed.
Just out of curiosity (having to pay taxes in Germany as well), where do you enter your steem earnings in your taxes? Do you treat them as "Gewinn freiberuflicher Tätigkeit"?
In Germany you have to pay taxes at the moment that you claim your rewards as SBD/STEEM evaluated with the daily exchange rate to EUR because it's an income for the work you have done on steemit.
If you make profit on exchanging cryptocurrencies you don't have to pay taxes if you hodl the new currency for one year. This is because you start exchanging with an amount of EUR that has already been taxed.
Wow thanks + follow ! I didn't knew that... 👍 I hope I can use this, looks a bit complex for me...
Just ask if you have problems...
Just out of curiosity (having to pay taxes in Germany as well), where do you enter your steem earnings in your taxes? Do you treat them as "Gewinn freiberuflicher Tätigkeit"?