Seeing how many people are trying to find the right place for themselves and their cryptocurrencies, we can notice problems related to incomplete regulation of this market. Today, governments are out to take control, or at least oversee the cryptocurrency market. Progressive work on regulations in this area can be expected. An increasing number of European countries take a decision to tackle this issue. So, what does the taxation of cryptocurrencies in Germany look like compared to what we know from our system?

The subject of changing tax residence and cross-border income taxation is very close to our heart. There are still many myths circulating on this subject. The statistical Mr Smith knows that two things are certain in life: death and taxes. However, few people realize how income is taxed when it is earned in a country different from the one, we live in or how it is taxed when we move house. It is for that reason that we so stubbornly return to you with this information. Our goal is to educate Polish entrepreneurs. This is the idea underlying the development of the article about the effects of double tax residence, podcast episodes and one of the most frequently saved posts on our Instagram, the one about mistakes during the change of residence. We hope that the nearly half a thousand people who wrote down this post or watched the video will avoid tax problems related to the tax residence, such as those that befell the person, I want to tell you about today.

Right now, worldwide, the meaning of blockchain, i.e., DLT, is getting through to us. It seems that the sceptics will soon have to abandon their arguments if they do not want to wake up with the proverbial short end... Many aspects of cryptocurrencies still need to be regulated, which can currently be the subject of tremendous abuse. However, this does not change the fact that this is an inevitable direction and although I personally choose analogue life, I definitely want to follow the opportunities offered by the market in my professional life. But why?

Cryptocurrencies are slowly, yet relentlessly fighting for their place in the mainstream of investments and alternative currencies. At the same time, governments are doing their homework by introducing new laws and tax regulations. Certain countries compete in building their image as crypto hubs (Portugal, Switzerland or the UK) by creating facilities for investors. However, it is a world that is very rapidly changing and evolving. While some countries are trying to attract investors, many see cryptocurrencies as a potential new area for tax revenue; thus, it is not surprising that there is an aim to tax them. Let us take a look at what these regulations look like in Europe today.