BMF guidance on income-tax treatment of crypto assets
Also known as: Germany Crypto Tax Guidance
Overview
Key Details
Jurisdiction
GermanyRegulator
Federal Ministry of Finance
Law Type
Other
Status
In ForceOfficial Law Number
BMF letter 6 March 2025
Official Title
BMF guidance on income-tax treatment of crypto assets
Effective Date
Effective date not specified
Who This Law Applies To
Key Requirements
Official Sources
Related Laws
Financial Market Digitalisation Act (Finanzmarktdigitalisierungsgesetz — FinmadiG)
Gesetz zur Digitalisierung des Finanzmarktes (Finanzmarktdigitalisierungsgesetz — FinmadiG)
Germany's Financial Market Digitalisation Act (FinmadiG) aligns German financial-market law with MiCA and DORA, establishes national supervisory powers and enforcement mechanisms for BaFin, and addresses the transition from existing German crypto-custody regulation. It applies to German financial entities, CASPs and other firms affected by MiCA/DORA national implementation.
Germany MiCA Authorisation
Regulation (EU) 2023/1114 and German implementation
Applies harmonised CASP and issuer rules in Germany under BaFin supervision.
OECD/G20 Crypto-Asset Reporting Framework (CARF)
Crypto-Asset Reporting Framework (CARF) and Amendments to the Common Reporting Standard
The OECD/G20 Crypto-Asset Reporting Framework (CARF) creates global due-diligence and reporting rules for reporting crypto-asset service providers, supporting annual cross-border exchange of crypto-asset tax information among implementing jurisdictions. It also includes amendments to the Common Reporting Standard and an XML schema implementation package. National CARF laws should link to this canonical profile.
South Africa Crypto CARF
Crypto-Asset Reporting Framework implementation
Introduces due-diligence and transaction reporting for covered CASPs.
Portugal Crypto Tax Framework
State Budget Law 2023 crypto tax provisions
Introduces express tax treatment for qualifying crypto-asset gains and income.
New Zealand Cryptoasset Tax Guidance
Inland Revenue Cryptoassets Guidance
Explains that cryptoassets are property and many disposal profits are taxable income.
