Crypto tax news, for your country.
When the law on crypto changes in your country, you read it here, with what it means for your return.
- Germany
Germany: the private-sales threshold rises to 1 000 euro
From 2024 a gain from private sales — crypto among them — stays tax-free in Germany only while the year's total gain is below 1 000 euro, up from 600. It is a threshold and not an allowance: reach it, and the whole gain is taxed.
DAC8: crypto-asset service providers report from 2026
Council Directive (EU) 2023/2226 of 17 October 2023 has every member state require crypto-asset service providers to report their users' transactions, and the member states exchange what they collect. They apply it from 1 January 2026, so 2026 is the first reported year: this is about what a tax…
- Portugal
Portugal: crypto taxed from 2023, and left alone after 365 days
From 1 January 2023 Portugal taxes a gain on crypto assets that are not securities at 28%, but excludes the gain — and the loss — where the asset was held for 365 days or more. Crypto given for crypto is not taxed at all: the cost of what was handed over becomes the cost of what came back.
- Italy
Italy: crypto-assets in a letter of their own, at 26%
From 1 January 2023 a gain realised on crypto-assets is other income in Italy under art. 67 lett. c-sexies TUIR, taxed at 26% with no holding period and, until 2024, only above 2 000 euro in the year. A swap between crypto-assets of equal characteristics and functions is no taxable event — buying…
- Austria
Austria: the moving average price, per crypto address, from 2023
For crypto flowing in after 31 December 2022, Austria takes as the cost of a disposal the moving average price in euro of every unit of that crypto on the same address; before that, the unit acquired earlier counted as sold first.
- Austria
Austria: crypto as capital income at 27.5%, with no holding period
From 1 March 2022 a realised gain on crypto is capital income in Austria, taxed at 27.5% however long it was held, and the rules reach crypto acquired after 28 February 2021. An exchange of one crypto asset for another is no realisation at all.
- Poland
Poland: virtual currencies in a box of their own, at 19%
From 1 January 2019 the sale of a virtual currency has its own box in Poland: 19% on the year's revenue less the documented cost of acquiring it, on PIT-38. An exchange of one virtual currency for another is no disposal, and costs above the year's revenue are carried into the next year instead of…
- Japan
Japan: crypto profit is miscellaneous income, taxed on your income scale
Profit from crypto in Japan is miscellaneous income (雑所得・その他): added to the rest of your income and taxed on the national scale from 5% to 45%, with another 10% of local inhabitant tax (住民税). On that income tax rides another 2.1% as the reconstruction surtax (復興特別所得税), so the band runs from 15.105%…