Crypto is taxable in most countries. Here's a clear, no-jargon overview of how it generally works — and a direct line to your country's official tax authority so you get the facts from the source.
⚠️ Educational information only — this is not tax or legal advice. Tax rules vary by country (and often by region within a country) and change frequently. Nothing here is a substitute for your official tax authority or a qualified, licensed tax professional in your jurisdiction. PANTEREX does not file taxes for you and is not responsible for how you report. Always verify before you act.
// THE UNIVERSAL BASICS (TRUE ALMOST EVERYWHERE)
🔁 Disposing = a taxable event
Selling crypto for cash, swapping one token for another, or spending it is commonly treated as a "disposal" that can trigger capital gains tax. Just holding usually isn't taxed.
💸 Earnings can be income
Staking rewards, mining, airdrops and referral payouts are often taxed as income at the value you received them — separate from gains when you later sell.
🧾 Records are everything
Keep every transaction: date, amount, local-currency value at the time, fees, and purpose. Good records make filing easy and protect you in an audit.
📉 Losses can help
In many countries, realised losses can offset gains and lower your bill. You generally have to actually sell to "realise" a loss — paper losses don't count.
// PICK YOUR COUNTRY
Tap your country for a general overview and a direct link to your official tax authority — the source of truth. Don't see yours? Use the search, or jump to where to get help.
👆 Select a country above to see how crypto is generally taxed there and reach its official tax authority.
// TOOLS THAT DO THE MATH FOR YOU
We don't calculate your tax (numbers depend on rules we can't keep perfectly current for every country). These independent crypto-tax tools connect to your wallets/exchanges and generate reports for your country — far safer than guessing. They are third parties; we're not affiliated and don't endorse a specific one.
Koinly
Wide country coverage, connects wallets + exchanges, generates filing-ready reports.
For anything beyond the basics — large gains, DeFi, moving country, or you're just unsure — talk to a licensed tax professional in your country. It's the single best way to stay safe and sleep at night.
Search for an accountant who explicitly handles crypto — many now do.
Your country's official tax authority (linked above) often has free crypto guidance pages.
The tax tools above can export reports you hand straight to an accountant.
Reminder: this page is general education, not advice. Crypto tax law changes often and differs by jurisdiction. Always confirm with your official tax authority and a qualified professional before filing. PANTEREX is software you control — not a tax advisor, accountant, or custodian.