What are the best crypto tax-free countries?

You’ll be able to enjoy the tropical crypto tax haven as long as you stay out of "bad" neighborhoods. Dubai is another one of the best cryptocurrency tax-free countries, with no income tax or capital gains tax. In addition to not having to pay taxes on crypto, you can sell your capital assets and spend the money at a variety of high-end places.

Which countries tax cryptocurrencies?

Far from tax havens, the following countries scrutinize crypto transactions and subject crypto gains to relatively heavy taxation. Scandinavian countries are known for their high income tax, and Denmark is a prime example. Danish taxpayers pay an average of 45% of their income in income tax, which includes crypto earnings.

Are crypto investments tax-free in Germany?

Germany crypto tax regulations are remarkably friendly to long-term holders. While not completely tax-free, any crypto held for more than 12 months won’t be subjected to income tax or capital gains tax at the time of sale. Short-term investments of €600 or less are also not subjected to these taxes.