Is cryptocurrency taxed in Denmark?
Yes. Digital assets count as personal property. Selling, swapping, or earning coins triggers either capital‑gains tax (when you dispose of an investment) or personal income tax (when you receive coins as payment, staking yield, or mining reward).
How much is cryptocurrency taxed in Denmark?
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Capital gains: net gains up to DKK 61,000 (2025 threshold, single filer) are taxed at 27%. Anything above is taxed at 42%. Municipal surtax adds roughly 2‑3 percentage points in many regions.
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Personal income: ordinary income bands apply; the top combined state and municipal rate reaches about 56% once your total income crosses the top‑skatte level (roughly DKK 600,000 for 2025).
Learn more about crypto tax free countries.
How to file crypto taxes in Denmark
Log on to TastSelv, open the annual return, and enter:
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Capital gains under box 66 (shares and similar).
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Crypto income (mining, staking, salary) under box 20.
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Upload supporting spreadsheets if requested. The deadline for most individuals is 1 May 2026 for the 2025 year.
How to calculate your crypto taxes in Denmark?
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Convert every transaction to DKK at the spot rate on the date of trade.
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Use FIFO for cost basis unless you can document specific lots.
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Subtract direct trading fees.
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Sum annual gains and losses to reach a net figure.
Use our free crypto tax calculator.
How different crypto transactions are taxed in Denmark
Here’s a rundown of how a range of major types of crypto transactions are taxed in Denmark:
Buying and holding cryptocurrency
No tax until you dispose of the asset.
Selling cryptocurrency
Taxable capital gain or loss based on sale price minus cost basis; 27% then 42%.
Mining and staking cryptocurrency
The kroner value on the day you receive rewards counts as personal income. Later sale triggers a separate capital gain calculation.
Crypto‑to‑crypto trades tax
A swap is a disposal: work out the DKK value received and compare it with the old coin’s cost basis.
Receiving cryptocurrency as payment
Receiving crypto as a payment is treated like salary in Denmark. The kroner amount is taxed at your marginal income rate and subject to AM‑bidrag (labour market contribution).
Calculate your crypto gains with our free crypto profit calculator.
Capital gains tax
Calculate gain = disposal value – cost basis.
Apply 27% up to the yearly threshold; excess at 42%. Include any deductible trading fees.
Tax‑free cryptocurrency transactions in Denmark
Record‑keeping for crypto transactions in Denmark
Keep the following per trade: date, coin, quantity, price in DKK, fee, wallet/exchange, and TXID. Skattestyrelsen can request up to five years of history, so keep accurate records year over year.
See our expert picks of the best crypto wallets.
How are crypto losses taxed in Denmark?
Capital losses offset capital gains on similar assets in the same year; unused losses carry forward indefinitely against future gains. They cannot offset labour income.
How are crypto airdrops taxed in Denmark?
Most airdrops are treated as other income equal to the DKK value at receipt; future disposals create capital gains or losses from that new cost basis.
How is DeFi taxed in Denmark?
Yield (interest, liquidity incentives) is ordinary income. Token swaps on DEXs are disposals, same as exchange trades. Gas fees tied to disposals are deductible from the gain.
Corporate tax for crypto businesses in Denmark
Companies pay 22% on net profit. Crypto received counts as revenue at market value; revaluation gains and losses on year‑end holdings also flow into taxable profit.
Regulatory compliance for crypto in Denmark
Exchanges operating in Denmark must register with the FSA and apply KYC/AML. Large private traders may face reporting requests if activity looks business‑like.
Income tax on crypto activities in Denmark
Mining, staking crypto, airdrops, salary, and bonuses paid in coins fall under earned income bands (up to 56%). Subsequent sale triggers capital‑gains tax on any appreciation.
How to avoid cryptocurrency taxes in Denmark
Avoidance is illegal, but you can lower tax by:
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Harvesting losses before year‑end.
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Holding > one year to defer gains into a future bracket.
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Donating coins to approved charities for a deduction.
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Always follow Skattestyrelsen guidance.
Learn how to reduce your crypto taxes.
Filing deadlines for crypto taxes in Denmark
Here are the deadlines for 2025:
What types of records do I need for my crypto taxes?
Store invoices, exchange CSVs, wallet statements, TXIDs, and conversion rates. Include screenshots for hard‑to‑export DeFi transactions. More detail beats less if questioned.