15/10/2024
Discover crypto tax rates worldwide, including some surprising European tax havens.
We present to you: The Crypto Tax Report 2024 by
Coincub and Blockpit ๐
After weeks of data gathering, visualization, and interpretation, the report is live. Go ahead and download it from https://coincub.com/ranking/crypto-tax-report-2024/
Some of the takeaways from this report:
Foreword by Florian Wimmer, CEO of Blockpit:
โAs we near 2025, crypto taxation is at the forefront for investors & regulators alike. This report reveals crypto tax rates worldwide and the impact of the Crypto-Asset Reporting Framework (CARF).โ
Overview of Crypto Tax Havens
๐ฆ๐ช UAE, ๐ฐ๐พ Cayman Islands, ๐ง๐ฒ Bermuda, & ๐จ๐ญ Switzerland offer minimal or zero crypto tax, attracting investors with favorable regulations.
๐ฉ๐ช High-Tax Nations with Long-Term Incentives
Germany, Belgium, Malta, & Cyprus impose high short-term taxes but reward long-term holders, encouraging wealth-building.
The Impact of CARF on the Market
The upcoming Crypto-Asset Reporting Framework shifts responsibility to individuals. In 2026, 48 countries will require detailed crypto transaction reports, increasing global tax transparency.
Tax Rates & Regional Insights
Avg. crypto tax rates โ 11.12% (long-term), 17.3% (short-term). Learn where your crypto might face the heaviest tax burden and where it could thrive tax-free.