Guide to Crypto Taxes in Denmark for 2026

Yes. Skattestyrelsen treats a private individual's purchase and sale of crypto as speculation as a general rule, meaning the coins are considered bought for resale to make a profit. Selling or swapping coins is a taxable disposal. Receiving coins from staking, mining, airdrops, or work is taxable income. In both cases, the amount is taxed as personal income rather than as capital gains or share income.

• Gains: gains are taxed like salary, but without the 8% labour market contribution, because they count as personal income, and the Danish Tax Agency says the tax on a crypto gain can reach 53%. Your rate depends on your total income. For 2026, the new 7.5% middle tax applies to personal income after the labour market contribution above DKK 641,200, and the 7.5% top tax is added above DKK 777,900. A new 5% top-top tax applies only above DKK 2,592,700.

• Losses: a loss gives a deduction worth 26% of the loss. Because gains are taxed at a higher rate than losses are deducted, you can owe tax in a year when your trades roughly break even.

Learn about crypto tax free countries.

Log on to TastSelv and select the option to correct your tax assessment notice (årsopgørelse), then enter:

• Total gains in box 20 (other personal income).

• Total losses in box 58.

• Staking rewards, mining profits, and airdrops in box 20.

Gains and losses go in separate boxes, and the deadline is 1 May of the year after you sold or swapped. If box 58 does not appear on your tax assessment notice, you must contact Skattestyrelsen and ask them to open it.

1. Convert every transaction to DKK at the value on the date of the trade.

2. Use FIFO for cost basis. FIFO applies no matter which exchange or wallet you sold from, because all your holdings are treated as one combined holding.

3. Deduct fees tied directly to a purchase or sale. Fees for internal transfers between your own wallets and the cost of tax reports are not deductible.

4. Add up gains and losses separately. You generally cannot offset a loss from one trade against a gain from another. The main exception is a single batch of one coin bought at one time and sold in parts within the same year, with no new purchases of that coin between the sales.

Use our free crypto tax calculator.

Here’s a rundown of how a range of major types of crypto transactions are taxed in Denmark:

Buying and holding cryptocurrency

No tax until you dispose of the asset.

Selling cryptocurrency

A sale produces a gain or loss equal to the sale price minus the FIFO cost basis. Gains are taxed as personal income at up to 53%. Losses are reported separately and deducted at about 26%.

Mining and staking cryptocurrency

Staking rewards are generally taxable when they land in your holdings and you can use them, so you value them in DKK at that moment. Report the value in box 20. When you later sell the rewards, calculate the gain or loss under FIFO together with the rest of your holdings of that coin. Mining is generally treated as a hobby activity because the costs are usually very high. Mining profit is taxed as personal income in box 20, and a mining loss is not deductible.

Crypto‑to‑crypto trades tax

A swap is a disposal: work out the DKK value received and compare it with the old coin’s cost basis.

Receiving cryptocurrency as payment

Receiving crypto as a payment is treated like salary in Denmark. The kroner amount is taxed at your marginal income rate and subject to AM‑bidrag (labour market contribution).

Calculate your crypto gains with our free crypto profit calculator.

Calculate each gain as the disposal value minus the FIFO cost basis. The gain is added to your personal income and taxed at your marginal rate, up to 53%. Losses do not reduce your gains. They go in box 58 as a separate deduction worth about 26%.

• Moving coins between wallets you own.

• Buying crypto with fiat.

• Holding without disposing.

Keep the following per trade: date, coin, quantity, price in DKK, fee, wallet/exchange, and TXID. Skattestyrelsen also asks you to keep order and payment confirmations or CSV exports, bank statements for crypto purchases and sales, your wallet provider's details and public wallet address, and deposit and withdrawal histories. The deposit and withdrawal records need to let Skattestyrelsen trace each transaction to and from its sender.

See our expert picks of the best crypto wallets.

Losses are not offset against gains. You report total losses in box 58, where they reduce your taxable income with a deduction worth about 26% of the loss. A net loss cannot be deducted from personal income, and it goes in box 58. Losing access to your coins, such as losing a private key, is not a sale and generally does not create a deductible loss.

Skattestyrelsen treats free airdropped coins as a taxable promotional gift, and you report the value in box 20. The tax implications of later selling those coins are assessed on a case-by-case basis, so Skattestyrelsen recommends contacting it or requesting a binding ruling. Hard forks work differently. Coins from a hard fork are not taxed until you sell them, and their cost basis is DKK 0, so the whole sale price is a gain.

Interest and yield paid in crypto are personal income, reported in box 20 when they are credited and available to you. Token swaps on DEXs are treated as disposals under FIFO, the same as exchange trades. Fees count only if they are tied directly to a purchase or sale.

Stablecoins follow separate rules. Skattestyrelsen treats stablecoins as financial contracts, and gains or losses on financial contracts with crypto as the underlying asset are taxed as capital income. If a position is not opened and closed in the same income year, you include the gain or loss every year on a mark-to-market basis. Gains are reported in box 346.

Companies pay 22% on net profit. Crypto received counts as revenue at market value; revaluation gains and losses on year‑end holdings also flow into taxable profit.

Denmark applies the EU's MiCA directly, and Finanstilsynet is the Danish supervisory authority. MiCA's rules for crypto-asset services have been in effect since 30 December, 2024. The EU transition period for existing providers ended no later than 1 July, 2026. Exchanges serving Danish customers now need a MiCA license, issued either by Finanstilsynet or by another EU regulator.

EU reporting rules (DAC8) also took effect on 1 January, 2026. Under an international agreement, Skattestyrelsen will receive data on crypto trades by Danish residents from tax authorities in more than 60 countries. The first exchange is expected in 2027 and will cover the 2026 income year.

Mining, staking crypto, airdrops, salary, and bonuses paid in coins are taxed as personal income, with Skattestyrelsen putting the top rate on crypto income at 53%. Crypto received as pay for work is also subject to the 8% labour market contribution. A later sale produces a gain or loss calculated under FIFO, with gains taxed as personal income and losses deducted in box 58.

• Report every loss in box 58. Unreported losses give no deduction.

• Time sales for lower-income years if you can. Gains are added to personal income, so the same gain can cost less in a year when your income stays below the middle tax threshold.

• Donate to approved charities. Donations to approved organizations are deductible up to DKK 20,000 in 2026, and the deduction is worth about 26%.

• Keep complete records so you can document your cost basis if Skattestyrelsen asks.

Holding longer than one year does not change the rate in Denmark. Crypto has no long-term holding discount.

Learn how to reduce your crypto taxes.

Here are the deadlines for the 2026 income year:

• Individuals who receive a tax assessment notice: 1 May 2027.

• Individuals who file an information form (oplysningsskema), such as the self-employed and people with foreign income: 1 July 2027.

• Companies: six months after the end of the income year.

Skattestyrelsen sometimes moves the May deadline. For the 2025 income year, the deadline to correct the tax assessment notice was extended from 1 May to 20 May 2026. Check Skattestyrelsen's timeline each spring before relying on the default date.

Store invoices, exchange CSVs, wallet statements, TXIDs, and conversion rates. Include screenshots for hard‑to‑export DeFi transactions. More detail beats less if questioned.