Crypto Tax by Country

United States

The IRS treats cryptocurrency as property. Capital gains tax applies to sales and trades. Short-term rates: 10-37%, Long-term rates: 0-20%. Form 8949 required for reporting.

United Kingdom

HMRC treats crypto as property. Capital Gains Tax applies (10-20%). Income Tax applies to mining, staking rewards, and employment income paid in crypto.

Canada

CRA treats crypto as commodity. 50% of capital gains are taxable. Business income from trading may be fully taxable. Detailed record-keeping required.

Australia

ATO treats crypto as property. CGT applies for investments (50% discount if held >1 year). Full income tax for traders. GST does not apply to crypto purchases.

Germany

Crypto held >1 year is tax-free for individuals. Short-term gains taxed at income tax rate (up to 45%). Mining and staking taxed as income.

⚠️ Disclaimer

This information is for educational purposes only and does not constitute tax advice. Tax laws vary by jurisdiction and change frequently. Please consult with a qualified tax professional for advice specific to your situation.