Your crypto tax investor profile in Belgium

Answer these few questions and find out your tax rate and your profile as a crypto investor in Belgium: good father, speculator or professional!
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Your answers are confidential and not shared with the tax authority.
Answer this quiz to know your investment profile and how to declare your crypto gains.
1
Your answers are confidential and not shared with the tax authority.
⌛️ How many years have you been investing in crypto-currencies?
Less than one year
Between 1 and 3 years
Between 3 and 5 years
More than 5 years
Question 1 of 14
2
Your answers are confidential and not shared with the tax authority.
💰 What percentage of your wealth have you invested in digital assets?

(wealth includes your total savings and investments)

Less than 30%
More than 30%
Question 2 of 14
3
Your answers are confidential and not shared with the tax authority.
📊 How often do you buy digital assets?
Daily purchase
Weekly purchase
Monthly purchase
Yearly purchase
Question 3 of 14
4
Your answers are confidential and not shared with the tax authority.
📊 How often do you conduct sales operations?
Daily sale
Weekly sale
Monthly sale
Yearly sale
Question 4 of 14
5
Your answers are confidential and not shared with the tax authority.
💡 What is your investment strategy?
Capital protection goal
Balance goal
High performance goal
Question 5 of 14
6
Your answers are confidential and not shared with the tax authority.
⏱ What is your investment timeframe ?
Short term
Middle term
Long term
Question 6 of 14
7
Your answers are confidential and not shared with the tax authority.
🤖 Do you use a trading bot or any other automated software?
Yes
No
Question 7 of 14
8
Your answers are confidential and not shared with the tax authority.
📚 Do you have a deep knowledge of crypto-currencies ?
Basic level
High level
Question 8 of 14
9
Your answers are confidential and not shared with the tax authority.
💼 Do you work in a professional environment related to cryptocurrencies ?
Yes
No
Question 9 of 14
10
Your answers are confidential and not shared with the tax authority.
👔 What is your professional situation ?
Without or looking for a job
Student
Employee / freelance
CEO
Question 10 of 14
11
Your answers are confidential and not shared with the tax authority.
🏦 Did you use a loan to invest in cryptocurrencies?
Yes
No
Question 11 of 14
12
Your answers are confidential and not shared with the tax authority.
⛏ Do you carry out or have you carried out a mining activity?
Yes
No
Question 12 of 14
13
Your answers are confidential and not shared with the tax authority.
🎨 Have you conducted any NFT operations ?
Yes, for long-term conservation long term
Yes, for long-term conservation short term
No
Question 13 of 14
14
Your answers are confidential and not shared with the tax authority.
📈 Do you carry out leverage / margin / futures operations? If so, how often?
Yes
Yes, frequently
No
Question 14 of 14
check
Your tax profile has been defined

How are cryptos taxed in Belgium ?

This is necessary to know your crypto tax rate in Belgium.
The Belgian crypto-currency tax legislation requires you to answer different questions in order to be able to process your taxable disposals with the right tax rate. The answers to the questionnaire determine your level of risk on your various crypto-currency transactions which will define your applicable tax rate and the modalities of your crypto tax return on the Belgian administration website.

The good father will be considered tax-free on capital gains made in crypto-currencies. Therefore, buying and selling crypto does not require any tax declaration. On the other hand, although Belgian crypto taxation is not very clear, other transactions are subject to crypto tax, even for the good father. This is the case for staking income, farming income and passive crypto income in general, which are recurring income and must be subject to a specific tax return in the category of income from movable property. The rate applicable to crypto staking operations would therefore be 30% on the market value of the received crypto deposit at the date of the latter.

The crypto-currency speculator will be subject to tax on his crypto gains, the capital gains realized on crypto exchanges against a legal tender (euros, dollars..) and/or on the purchase of goods or services will be taxed at the rate of 33% in the "diverse" income category.

A tax return will therefore be required for capital gains realized on the purchase and sale in addition to recurring gains related to staking and crypto-currency farming which concerns all investment profiles.

Professional crypto-currency traders will be taxed on its crypto gains at the progressive rate of business income tax set between 25 and 50% in the category of industrial, commercial or agricultural business profits. 

This investment profile concerns companies, traders and miners of crypto-currencies who are organized and who make speculation in crypto-assets their main activities as well as their main sources of income.

The tax legislation in crypto-currency remains unclear and opinions differ on this subject. Several interpretations and a parliamentary answer make us think that this is not obligatory. As a precautionary measure, you may nevertheless decide to contact the Belgian tax authorities in this regard.

The tax season in Belgium for crypto taxes is the same as for other main types of income. It starts at the end of April or the beginning of March depending on the year.

The deadlines for reporting in 2022 are as follows:

  • Paper declaration: 30 June 2023
  • Dematerialised declaration: 15 July 2023
  • Via a chartered accountant: 30 September 2023

You will not be taxed on your crypto-currency earnings if your investment profile is that of a good family man and the only operations carried out are the storage of your crypto-currencies, no tax will be due.

In the case of other operations such as staking, farming and any other recurring income received in crypto-assets, a tax return will be required and payment of income tax at the rate of 30% will be recommended.

Income from crypto-currency staking is subject to taxation as interest income. This recurring income should be subject to a specific tax declaration in the category of income from movable property. The rate applicable to crypto staking operations would therefore be 30% on the market value of the received crypto deposit at the date of the latter. 

Exemple :  I receive 0.10 ETH from staking for a value of 150 euros, I declare 150 euros as income from movable property.

The carry forward of crypto losses is possible for 5 years following the year of the tax return directly on the website of the Belgian tax administration under Box VIII; "Previous losses and deductible expenses".