Personal taxation · Luxembourg
Crypto tax for individuals in Luxembourg: classify, declare
The taxation of a crypto-asset depends on the transaction and on whether the activity is private or professional. Selling an asset, exchanging it, receiving remuneration or obtaining a reward are not identical events. A simplified holding-period rule does not settle every case.
Financial Services Luxembourg · Licensed accountant · Head of the firm: Mickaël LOC. Editorial update: .
One record per transaction
- Date, nature and quantity of each movement.
- Value in euros and a documented conversion method.
- Traceable fees and acquisition cost.
- Account or wallet concerned, without disclosing any private key.
- Counterparty or nature of the income received where necessary.
Disposals and income received
The 2018 ACD circular on virtual currencies is a starting reference. It must be applied together with the facts and the applicable provisions; it does not mean that a more recent product has an automatic regime simply because of its name.
Staking, lending, mining, rewards or distributions may require a specific classification. You should avoid presenting every receipt as a private capital gain that is exempt after a holding period.
Fictitious example
A wallet receives tokens and then sells some of them. The first event may require an income analysis and the second a disposal analysis with its cost. An export showing only the final balance does not describe these two steps.
Likewise, an exchange between assets must not be ignored merely because no euros were withdrawn to the bank. The consequences must be examined according to the classification.
Professional activity and security
Frequency, organisation and the resources committed are among the facts to be examined. A professional activity may give rise to accounting obligations separate from the private asset file.
Never send a private key or a recovery phrase. The transaction exports and supporting documents needed are requested through the agreed channel. A company's MiCA compliance and the tax of the individual holder remain separate matters.
The firm’s other tax engagements
Depending on your situation, the firm also handles tax, VAT and payroll, the regularisation of late tax filings and assistance during a tax audit. Fees are listed in the firm’s fee grid.
Official sources and scope
The rules apply to the year and profile concerned. Examples flagged as fictitious explain a method; they are not an individual validation. The documents and options of your file are covered by a separate engagement.