Regulation· ★★★· bullish· October 26, 20:00

Latvia overhauls crypto tax: only net withdrawals to be taxed from 2027

—Tax applies at withdrawal, only on amounts above deposited capital
—One-off declaration of undeclared assets taxed at 10% of end-2026 value
—Declaration window runs April 1 to May 31, 2027, with payment due July 23
—Finance Ministry approved paying personal taxes in crypto via a payment provider

Why it matters: Latvia is making its tax regime predictable under MiCA as EU states compete to attract crypto capital.