According to CoinMeta, Circle, the Senior Director of EU Strategy and Policy at Patrick Hansen, criticized the proposed crypto tax reform plan by the German Federal Ministry of Finance. The plan stipulates that if taxpayers are unable to provide proof of purchase cost, the tax authorities will levy taxes at 50% of the selling proceeds. He believes that this clause is unfair to retail investors, and the underlying 50% tax calculation basis lacks合理性. Poellath, a partner at Dr, stated that the plan has not yet been finalized, but it may pose liquidity risks. (Source: news.bitcoin.com)