Countries with no crypto tax

• Bahrain0%

  No tax on personal crypto gains or trading. Bahrain regulates the industry through Central Bank of Bahrain (CBB) licensing rather than taxation.

• Belize0%

  No crypto-specific rules exist, and with no capital gains tax, personal crypto gains are generally untaxed. Business-scale trading could attract business tax.

• Costa Rica0% / 15%

  No dedicated crypto rules — the tax authority treats coins as intangible assets: local-source gains pay the 15% capital rate, foreign-platform gains are generally untaxed.

• Czech Republic0% / 15–23%

  Crypto held 3+ years is exempt up to CZK 40 million a year; disposals under CZK 100,000 a year are always tax-free; the rest is ordinary income — electronic-money tokens (stablecoins) are excluded from this value exemption.

• El Salvador0%

  Bitcoin exchanges are exempt from capital gains tax, digital assets within the regulated LEAD ecosystem carry their own exemption, and genuinely foreign-source gains fall outside the territorial net — source is fact-based, not set by the platform's domicile.

• Georgia0%

  Individual crypto gains are classified as foreign-source income and are therefore untaxed. No dedicated crypto tax exists.

• Germany0% / up to 45%

  Private crypto held over 1 year: tax-free. Sold within a year: progressive rates, but only if total private gains reach €1,000.

• Hong Kong0% / 15%

  Investment crypto gains are untaxed like any capital gain; business-scale trading falls under the two-tier profits tax (7.5% on the first HKD 2 million, 15% above); crypto salaries are taxable pay.

• Luxembourg0% after 6 months

  Crypto follows the movable-asset rules: tax-free after 6 months' holding, full progressive rates on quicker sales above €500 a year.

• Malaysia0% / 0–30%

  No capital gains tax means passive crypto profits are untaxed; active trading and business-scale mining count as business income at up to 30% — reward treatment is fact-dependent.

• Malta0% / 35%

  Coins held as investments sit outside Malta's chargeable-asset list, so private gains go untaxed; business-like trading is income at up to 35%.

• Mauritius0%

  With no capital gains tax, investment-nature crypto gains are untaxed; revenue-nature trading joins gross income at the 0/10/20% scale.

• Monaco0%

  No income tax means no tax on crypto gains, swaps or staking for individuals — French nationals excepted.

• Panama0% / 10%

  No crypto law exists — under territorial sourcing, genuinely foreign-source gains are untaxed — source follows the underlying activity, not the platform, while Panama-source crypto income follows the ordinary rules.

• Qatar0%

  No personal tax reaches crypto gains — but the banking system is closed to crypto: financial institutions may not trade or process it.

• Saudi Arabia0%

  No personal income tax means personal crypto gains are untaxed; no dedicated crypto statute exists and banking channels remain cautious.

• Singapore0%

  No capital gains tax means personal crypto gains are untaxed; trading as a business or earning crypto is taxed as income.

• Slovenia0% (no dedicated tax)

  The planned 25% crypto-disposal tax was never enacted — the bill lapsed in parliament — so occasional private disposals remain untaxed; business-scale activity is taxable under general rules.

• South Korea0% (until 2027)

  Taxation of virtual-asset gains has been deferred repeatedly — private crypto gains are untaxed until at least 2027, when a 20% regime is slated to begin.

• Switzerland0%

  Private crypto gains are tax-free like any movable asset; holdings pay cantonal wealth tax, and mining/staking or professional trading is taxed as income.

• Thailand0% (to end-2029)

  Gains on crypto sold through Thai-licensed exchanges, brokers or dealers are exempt from 1 January 2025 to 31 December 2029; off-exchange gains are ordinary income.

• TurkeyNo dedicated tax

  Turkey has no crypto-specific tax in force — individual trading gains sit in a legal grey zone widely treated as untaxed; a proposed 0.03% transaction levy was withdrawn from parliament in March 2026.

• United Arab Emirates0%

  No personal tax on crypto gains, staking or holdings; only business-scale activity above AED 1m turnover meets the corporate regime.

• United States0% / 15% / 20% (long-term)

  Digital assets are property: capital gains rates apply — 0/15/20% after a year, ordinary rates up to 37% within it.

Source: 2026 tax dataset · updated 2026-07-11 · rates are headline figures — see each country's tax guide for the full picture.