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Taxes · SWE

Taxes in Sweden

In Sweden, profits from selling or trading cryptocurrency are taxed at a flat 30% capital gains rate, with losses deductible at 70%. Mining and staking income is taxed as personal or business income at progressive rates up to around 52%. Sweden follows EU VAT exemptions for crypto exchanges, and Skatteverket requires detailed records of all transactions for accurate cost-basis reporting.

Income tax

Mining and staking rewards are treated as income at the time of receipt and taxed as either employment income or business income depending on scale, at progressive rates up to approximately 52%. The fair market value at receipt forms the cost basis for future capital gains.

VAT / GST

Exempt. The Court of Justice of the EU ruled in Hedqvist (C-264/14) that exchanging cryptocurrency for fiat currency is exempt from VAT. Sweden follows this ruling, so buying and selling crypto is VAT-exempt for individuals.

Capital gains

Gains from disposing of cryptocurrency are taxed as capital income at a flat rate of 30% on net gains. Losses are deductible at 70% against other capital income. Each disposal (sale, trade, or payment) is a taxable event requiring cost-basis tracking.

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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