Taxes · FIN
Taxes in Finland
In Finland, profits from selling or exchanging cryptocurrency are subject to capital gains tax at 30% on gains up to EUR 30,000 and 34% above that threshold. Mining and staking rewards are taxed as earned income at progressive rates upon receipt. Finland requires detailed record-keeping of all transactions, and the Finnish Tax Administration has published specific guidance on crypto taxation.
Income tax
Mining rewards and staking income are treated as earned income and taxed at progressive rates (up to approximately 44-53% including municipal tax) at the time of receipt, based on fair market value. Subsequent disposal is then subject to capital gains tax on any further appreciation.
VAT / GST
Exempt. The sale or exchange of cryptocurrencies is exempt from VAT for individuals under the EU VAT Directive principle established by the ECJ Hedqvist case (C-264/14), which Finland follows.
Capital gains
Crypto disposals (sales, swaps, spending) are taxed as capital gains at a flat rate of 30% on gains up to EUR 30,000 and 34% on gains exceeding EUR 30,000. Losses are deductible against capital income for the same year and the following five years.
Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap