Crypto tax in Latvia
20% flat tax on crypto capital gains. No distinction between short and long-term holdings.
- Short-term rate
- 25.5%
- Long-term rate
- 25.5%
- Treatment
- Flat rate
- Currency
- EUR
How Latvia taxes crypto
Latvia taxes individual capital gains, including crypto disposals, at 25.5%. Gains are calculated as disposal proceeds less documented acquisition cost, and returns are filed according to the size and frequency of the gains realised during the year.
The same rate applies however long you held.
A 10,000 EUR gain, settled
| Held | Rate | Taken | Kept |
|---|---|---|---|
| Short-term | 25.5% | 2,550 | 7,450 |
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