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Taxes · LUX

Taxes in Luxembourg

In Luxembourg, individual crypto holders generally pay no capital gains tax on disposals if assets are held for more than 6 months and activity is non-speculative. Short-term gains held under 6 months are taxed at progressive rates up to 42%. Mining and staking income is treated as taxable income, and VAT does not apply to crypto-to-fiat exchanges under EU rules.

Income tax

Mining and staking rewards received as income are subject to Luxembourg progressive income tax rates ranging from 0% to 42%, depending on total income. Crypto received as payment for services or employment is taxed as ordinary income at the same progressive rates.

VAT / GST

Exempt. Following the EU Court of Justice ruling in Hedqvist (C-264/14), exchanging cryptocurrency for fiat currency and vice versa is VAT-exempt in Luxembourg as in all EU member states.

Capital gains

Generally tax-free for individual holders if crypto is held as private wealth and not part of a speculative or professional activity. Gains on assets held over 6 months are typically exempt. Short-term gains (under 6 months) may be taxed at progressive income tax rates up to 42%.

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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