Latvia plans a one-time 10% crypto tax declaration window in 2027

The Saeima has passed amendments that let residents declare crypto holdings at a flat rate and introduce an investment-account model for digital assets Latvia wants its residents to come clean about their crypto, and it is offering a discount to do it. On October 15, 2026, the Saeima, Latvia’s parliament, adopted urgent amendments to the Law ‘On Personal Income Tax’. The changes overhaul how the country taxes crypto-assets and set up a one-time declaration window in 2027. Individuals get a single chance to declare crypto assets they hold as of December 31, 2026. The 10% rate applies to the market value of those assets at that point. The scheme covers two kinds of storage. Assets held in accounts with EU-licensed Crypto Asset Service Providers, known as CASPs, qualify.

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