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Which countries are the worst for crypto taxation? New study lists top five

Published 09/08/2022, 06:50 AM
Updated 09/08/2022, 08:20 AM
Which countries are the worst for crypto taxation? New study lists top five

Global cryptocurrency taxation rules significantly vary among countries, and some jurisdictions have come up with extremely tough crypto tax policies for their residents.

In a new study by crypto analytics firm Coincub, Belgium is referred to as the worst country in the world in terms of crypto taxation for residents. That is according to in-house rankings covering taxation aspects like taxes on crypto income or crypto capital gains.

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