Germany’s Bundestag Committee Blocks Greens’ Crypto Tax Increase Proposal

Germany’s Bundestag finance committee rejected a proposal from Alliance 90/The Greens to abolish the tax exemption on cryptocurrency gains from assets sold after being held for more than one year. Under current law, capital gains tax does not apply to crypto disposed of after that holding period, and the rule remains unchanged following the committee vote. The Greens argued that ending the exemption could generate about €11.4 billion in annual revenue. The latest report adds that lawmakers from multiple parties opposed the measure for differing reasons, though it does not specify vote counts or detailed party-by-party positions.

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