Federal Finance Ministry (BMF) has developed guidelines concerning crypto-assets

The Federal Finance Ministry (BMF) has developed guidelines on the income tax-related cooperation and documentation obligations for crypto-assets such as Bitcoin. With this notice, taxpayers are provided with assistance in documenting and declaring their income.

In addition to the detailed explanation of the tax filing, cooperation and record-keeping obligations starting from paragraph 87, the existing BMF-letter have been supplemented. This particularly concerns the so-called tax reports (paragraph 29b), but also the claiming of cryptocurrencies (paragraphs 13, 48a), and the use of precise second-by-second and daily exchange prices (paragraphs 43, 58, and 91).

Due to the cross-border nature, a non-binding translation is also provided: see BMF Schreiben vom 6.3.2025 (englisch).

Non-Fungible Tokens (NFTs) and liquidity mining are not yet part of the BMF-letter. The Federal Ministry of Finance will gradually supplement the BMF-letter.