Capital gains tax rates on crypto in 50+ countries. Updated for 2026. Not financial or legal advice — consult a tax professional.
| Country | Short-term CGT | Long-term CGT | Crypto-specific law | Rating |
|---|
| Event | Taxable? | Notes |
|---|---|---|
| Selling crypto for fiat | Yes | CGT in most countries |
| Crypto-to-crypto swap | Yes (most) | Treated as disposal in US, UK, DE |
| Buying crypto with fiat | No | Not a taxable event |
| Holding crypto | No | Unrealised gains not taxed |
| Staking rewards | Usually | Income tax at receipt in US/UK |
| Airdrop received | Usually | Income at fair market value |
| NFT sale | Yes | CGT on gain above cost basis |
| DeFi yield farming | Complex | Varies by jurisdiction |
| Crypto gift received | No (usually) | Recipient takes donor's cost basis |
| Crypto donation | Tax deductible | Fair market value deduction (US) |
Which countries have 0% crypto capital gains tax?
UAE, Singapore, El Salvador and Panama charge no personal capital gains tax on crypto at all. Germany and the Czech Republic drop to 0% once you've held a coin past 1 year (Germany) or 3 years (Czech Republic). Portugal is 0% on gains held over 365 days but taxes short-term sales at 28%. Switzerland and Belgium exempt private, non-professional trading.
Is trading one crypto for another (crypto-to-crypto) taxable?
In most major jurisdictions — the US, UK and Germany among them — swapping one coin for another is treated as a disposal, so it's a taxable event even though you never touched fiat. Only buying crypto with fiat, and simply holding it, are universally non-taxable.
Does holding crypto longer reduce the tax rate?
In several countries, yes. Germany and the Czech Republic drop to 0% after a 1-year and 3-year holding period respectively. Portugal and Turkey also tax long-term holdings at 0%, while short-term sales in the same country are taxed at normal rates. The US and most others give a lower long-term rate rather than a full exemption.
Is this crypto tax table financial or legal advice?
No. Tax law changes frequently and depends on your residency, holding period and total income — this table is a starting reference, not a filing. Always confirm current rules with a local tax professional or your country's tax authority.