0 euros in acquisition costs in the crypto tax draft: how to check salary paid in Bitcoin

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The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The draft bill recognises crypto assets flowing in for services not taxed under the new regime at acquisition costs of zero euros. With salary, rent and fees in Bitcoin the same amount would enter the tax calculation twice.Anyone who receives their salary in Bitcoin already pays tax on it today: the inflow is employment income and is taxed like a salary paid in euros. The German finance ministry's draft bill on crypto taxation could mean that the same amount enters the calculation a second time on a later sale, because acquisition costs would then have to be set at zero euros. What would be taxable is the entire sale proceeds, not the price gain alone. This gap is documented, but it remains an interpretation: the point comes from a named tax adviser and relates to a draft that still has to pass the cabinet, the Bundestag and the Bundesrat. What you can do about it today, if it affects you, is above all to document. For every inflow you need the euro amount at the moment it arriv...

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