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(2022)
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The sale of assets held as private assets is only taxable if the period between acquisition and sale does not exceed one year. Once the one-year speculation period has expired, profits no longer have to be taxed, regardless of the amount. They are tax-free and do not have to be stated in the tax return.
Other assets to be included in the tax return in connection with private sales transactions include, for example, sales of
- gold bars
- gold coins
- silver bars
- silver coins
- antiques
- canvases
- vintage cars
- bitcoins and other cryptocurrencies
Exception: Sale transactions with items of daily use, on the other hand, are not taxable within the one-year period - and consequently losses can no longer be offset against tax. Reason: The salesman did not expect to achieve a higher price than he himself had to pay.
