How is cryptocurrency taxed in Estonia?

Estonia applies a mixed crypto-tax regime — gains can be treated as capital gains or as income depending on how you hold and use the assets.

“Virtuaalvääringu müügist või vahetamisest saadud tulu on maksustatav tulumaksuga. Füüsilise isiku puhul deklareeritakse saadud kasu muu juhusliku tuluna, kui tegevus ei vasta ettevõtlustulu kriteeriumitele. Kui tegemist on ettevõtlusega, maksustatakse tulu ettevõtlustuluna vastavalt tulumaksuseadusele.”

This reflects guidance from Maksu- ja Tolliamet – Estonian Tax and Customs Board, as of 2022-01-01.

See the full Estonia crypto policy profile for legal status, VASP licensing, stablecoin rules and more — or compare Estonia with another country. New to the categories? Read how crypto is taxed, explained.

Data basis: Maksu- ja Tolliamet – Estonian Tax and Customs Board, as of 2022-01-01