Crypto tax in Denmark
Crypto gains taxed as personal income at up to 42%. No separate capital gains rate.
- Short-term rate
- 42%
- Long-term rate
- 42%
- Treatment
- Taxed as income
- Currency
- DKK
Caveat Pending, not yet applied: a 42% tax on unrealised gains has been proposed but not enacted.
How Denmark taxes crypto
Denmark taxes cryptocurrency gains as personal income rather than capital gains. Profits from crypto are subject to progressive income tax rates, with a combined marginal rate of up to approximately 42% (including municipal and state taxes). There is no distinction between short-term and long-term holding periods. Losses from crypto can be deducted against other personal income. The Danish Tax Agency (Skattestyrelsen) has been proactive in tracking crypto transactions and requires taxpayers to report all gains and losses. Denmark has a relatively high crypto adoption rate in Scandinavia.
The same rate applies however long you held.
A 10,000 DKK gain, settled
| Held | Rate | Taken | Kept |
|---|---|---|---|
| Short-term | 42% | 4,200 | 5,800 |
This is the arithmetic the app runs on your device. Real liability depends on your residency, income, allowances and how the authority classifies your activity. Treat it as an estimate and check with a qualified adviser before you act.
Elsewhere in Europe
| Jurisdiction | Short-term | Long-term |
|---|---|---|
| Czechia | 23% | — |
| Georgia | — | — |
| Germany | 45% | — |
| Luxembourg | 42% | — |
| Malta | 35% | — |
| Portugal | 28% | — |
| Switzerland | — | — |
| Turkey | — | — |
Headline rate last checked 31 July 2026 · methodology