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Denmark Tax Council recommends bill to tax unrealized crypto gains

Denmark Tax Council recommends bill to tax unrealized crypto gains

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Source: Coin Telegraph

Denmark’s Tax Law Council has recommended introducing a bill that would tax unrealized gains and losses on crypto assets beginning as early as 2026.

Denmark’s Tax Law Council recommended introducing a bill that could potentially tax unrealized gains and losses on crypto assets held by Danish crypto investors beginning as early as 2026.

In its 93-page report on crypto asset taxes, the council recommended that all crypto assets be taxed according to the same set of rules. It mulled three potential models for taxing crypto assets in the country: capital gains tax, warehouse taxation and inventory taxation. 

In the report, Danish Tax Minister Rasmus Stoklund said there had been numerous examples of Danish crypto investors being unfairly taxed under a common “capital gains tax” approach, and suggested that new tax rules should find a “simpler” way to tax crypto assets. 

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Author: Tom Mitchelhill