Announced a few days ago, it is now here: the de facto immediate write-off for (tangible and intangible) digital assets. The Federal Ministry of Finance is specifying the changed legal opinion by adjusting the normal useful life for digital assets and issuing them 1 year fixed (service life of computer hardware and software for data entry and processing, letter from the BMF dated 02.26.2021).

The treatment of assets acquired from 2021 onwards applies regardless of the type of income, ie investments in digital assets are equally “favored” for both profit income and surplus income.