Taxable Event Individual Taxation Business Taxation: Criterias Business Taxation: Tax rate Official Positions Source

AUSTRIA Any cryptos transactions 27,50% Creation of a company Progessive scale up to 55%
Bundesministerium
Legal News ➝
0% but 33% if the activity is neither a Service Public Fédéral Finances
BELGIUM Any cryptos transactions private asset management nor a
professional activity
 Frequency – Short-term positions Progessive scale up to 50% Décision anticipée n° 2017.852
Dec. 5, 2017
➝

BULGARIA Any cryptos transactions 10% ∅ 10% ∅ ➝

Administration fiscale
CROATIA Any cryptos transactions 12% Creation of a company Progessive scale up to 12% Avis n° 410-01 / 17-01 / 472
➝

CYPRUS Any cryptos transactions 0% ∅ 0% ∅ ➝

CZECH REPUBLIC Any cryptos transactions 15% 15% 15% ∅ ➝

DENMARK Any cryptos transactions 0% Speculative intention Progressive scale up to 52%

Skatteforvaltningen
Bitcoins and other cryptocurrencies ➝
Tax and Customs Board
ESTONIA Any cryptos transactions 20% 20% Taxation of private person's virtual
currency/cryptocurrency earnings
➝
∅

Vero Skatt
FINLAND Any cryptos transactions
30% up to €30,000
34% on the upper fraction
∅
30% up to €30,000
34% on the upper fraction
Taxation of virtual currencies
May 29, 2018
➝
Direction générale des finances publiques
FRANCE
Any cryptos transactions except crypto-
to-crypto transactions
30% of the global capital gain of the
portfolio
Speculative intention – Frequency – Amounts –
Sophisticated tools
Progressive scale up to 45% CGI, art. 150 VH bis – BOI-RPPM-PVBMC-30
Sept. 2, 2019
➝

GERMANY Any cryptos transactions

0% unless crypto has been held for less
than 1 year (26.37%)
Context of the activity – Resources deployed Progressive scale up to 44,31% ∅ ➝

GREECE Any cryptos transactions 15% Incorporation 0% ∅ ➝

HUNGARY Any cryptos transactions 30% Constitution d'une société 9% ∅ ➝

Revenue Commissioners
IRELAND Any cryptos transactions 33% and €1,270 allowance Incorporation Progressive scale up to 40% Taxation of cryptocurrency transactions
May 2018
➝
Agenzia delle Entrate
ITALY Any cryptos transactions
0% except in very specific
circumstances
Speculative intention
Legal vacuum
Risoluzione n° 72/E
Sept. 2, 2016
➝

LATVIA Any cryptos transactions 20% ∅ Progressive scale up to 31,4%

Valsts ieņēmumu dienests
Bitcoin un Kriptovalūtas Latvijā ➝

LITHUANIA Any cryptos transactions 15% and €2,500 allowance Speculative intention 15% ∅ ➝
0% unless crypto has been held for less Administration des contributions directes
LUXEMBOURG Any cryptos transactions than 6 months (Progressive scale up to
43,6% and €500 allowance)
Organization – Use of debt – Portfolio diversification 
– Trade on behalf of third parties
3% L.I.R. n° 14/5 – 99/3 – 99bis/3
July 26, 2018
➝
Commissioner for Revenue
MALTA Any cryptos transactions 35% Usual and regular activity 35%
Guidelines on the Income Tax Treatment of
transactions or arrangements involving DLT assets ➝
Nov. 1, 2018

NETHERLAND Any cryptos transactions

30% of the notional gains that cryptos
could generate
Speculative intention – Frequency Progressive scale up to 51,75%
Belastingdienst
Cryptocurrency (such as bitcoins) ➝
La Chancellerie du Sejm
POLAND Any cryptos transactions 19% None 19% Loi de 1991 n°80, point 350
➝

PORTUGAL Any cryptos transactions 0% Professional activity Progressive scale up to 48%

Autoridade tributària e aduaneira
Ficha Doutriária ➝

ROMANIA Any cryptos transactions 10% None 10% ∅ ➝

19% if total income < €35,000
SLOVAKIA Any cryptos transactions
25% if total income > €35,000
+
None
19% if total income < €35,000
25% if total income > €35,000
Finančná správa
Taxation of cryptos ➝
14% for health insurance

Speculative intention – Frequency – Average portfolio Finančna uprava Republike Slovenije

SLOVENIA Any cryptos transactions 0% value – Investments or sophisticated equipment –
Structure and organization
19% Tax treatment of activities with virtual currencies
June, 2018
➝
19% up to €6,000 19% up to €6,000 Agencia Estatal de Administración Tributaria
SPAIN Any cryptos transactions 21% between €6,000 and €50,000
23% over €50,000
None 21% between €6,000 and €50,000
23% over €50,000
Taxation of traditional currency exchange operations
by bitcoin virtual currency, or vice versa
➝
Skatteverket
SWEDEN Any cryptos transactions 30% - -
Taxation of bitcoin and other so-called virtual
currencies in income type capital ➝
Apr. 23, 2014

Capital turnover – Frequency – Short-term positions

SWITZERLAND Any cryptos transactions 0% – Use of foreign funds – Professional
knowledge – Sophisticated organization
Progressive scale up to 43% ∅ ➝
10% if total income < £45,000 HM Revenue & Customs
UNITED KINGDOM Any cryptos transactions 20% if total income > £45,000
£11,300 allowance
Speculative intention – Frequency – Amounts – Short-
term positions
Progressive scale up to 50% Cryptoassets: tax for individuals
Nov. 1, 2019
➝