Taxes · MLT
Taxes in Malta
Malta does not impose capital gains tax on individuals disposing of crypto held as a personal investment. However, if crypto activity is deemed a trading business, income tax applies at progressive rates up to 35%, with a personal allowance of EUR 9,100. Malta's Virtual Financial Assets Act provides a regulatory framework but specific comprehensive individual crypto tax guidance from the CFR remains limited.
Income tax
Crypto received as income, including mining rewards and staking, is subject to income tax at progressive rates of 0% to 35%. The tax-free threshold for individuals is EUR 9,100. Business-related crypto income is taxed as trading income under the same progressive scale.
VAT / GST
Exempt. Following EU VAT principles and the CJEU Hedqvist ruling, exchange of cryptocurrency for fiat or other currencies is exempt from Maltese VAT for individuals.
Capital gains
Malta does not levy a general capital gains tax on individuals. Gains from crypto disposal are typically not taxed if held as a capital asset by a private individual, unless trading constitutes a business activity, in which case income tax applies at progressive rates up to 35%.
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