CryptoTax Map
HellEurope

Denmark

45%effective individual rate

Crypto profits taxed at personal income rates from 37% to 52%. Only 30% of losses can be deducted (asymmetric). One of the harshest crypto tax regimes in Europe alongside Norway.

FATCA Partner

Yes

FATF Status

Clear

EU Blacklist

No

Dual Nationality

Allowed

Bitizenship

Not yet

Tax Rates

Capital Gains Tax37-52%
Income Tax on Crypto37-52% (progressive)
Corporate Tax22%
VAT on CryptoExempt

Activity Taxes

Staking

37-52%

Mining

37-52%

DeFi

37-52%

NFTs

37-52%

Taxable Events

Crypto → Fiat

Taxable

Crypto → Crypto

Taxable

Holding Period

No holding period benefit

No holding period benefit

Regulation & Residency

Regulatory Body

Skattestyrelsen (tax authority); Finanstilsynet

Residency Requirement

EU/EEA free movement; various work permits for non-EU

Reporting Requirements

Annual tax return; Skattestyrelsen actively monitoring

Citizenship & Residency Path

Residency via employment/study; citizenship after 9 years

Notable Conditions

  • Asymmetric loss treatment: only 30% of losses deductible vs 100% of gains taxable
  • Progressive personal income tax rates applied to ALL crypto gains
  • No separate capital gains rate for crypto
  • 37% for gains under ~DKK 600K; 52% above that threshold
  • One of the highest effective crypto tax rates globally

Living & Lifestyle

Cost of Living

Very High

Banking Access

Excellent

Quality of Life

Very High

Lifestyle Scores

Safety9/10
Healthcare9/10
Institutions9/10
Business Ease8/10
Int'l Schooling7/10
Privacy3/10

Bitizenship

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