Latvia Adopts Crypto Tax Rules With 2027 Declaration Window

Latvia’s parliament adopted crypto tax amendments in a final reading on Oct. 15, allowing tax deferral in qualifying investment accounts and creating a one-time 10% declaration option for certain holdings. Under the investment-account model, tax becomes due when withdrawals exceed the amount invested in the account. Investors would not be taxed on each transaction within it. Crypto-asset service providers licensed in the European Union may offer the accounts, subject to rules Latvia’s Cabinet of Ministers must issue by Dec. 30, 2026. The separate declaration option covers crypto assets held on Dec. 31, 2026, either in an account with an EU-licensed provider or at an address controlled by the person declaring them.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to TokenPost.