How is crypto taxed in Lithuania?

In Lithuania, crypto tax falls under personal income tax, and the State Tax Inspectorate (VMI) treats each sale or swap as a taxable event. How much you pay depends on whether your crypto dealing is occasional or counts as a business-like individual activity. The figures below are from VMI guidance updated in September 2025 and apply to 2026 income, as of October 2026.

When do you pay crypto tax in Lithuania?

According to VMI seminar slides, you receive taxable income when you:

• exchange crypto for euros or another official currency
• swap one crypto for another, valued at the market value of the coin you receive
• pay for goods or services with crypto
• receive extra crypto for crypto you already hold, such as platform rewards, valued when received

Simply holding crypto does not create tax. In a VMI example, swapping ETH bought for EUR 2,300 into BTC worth EUR 2,600 creates income of EUR 2,600 with a cost of EUR 2,300. You can deduct documented costs such as the purchase price and trading or transfer fees. Lost or stolen crypto cannot be deducted. For how cost basis works in general, see what is crypto cost basis.

What is the Lithuania crypto tax rate?

For occasional sales that are not individual activity, crypto counts as other property. Your yearly gain is total sale proceeds minus documented costs across all such property. If the net gain is EUR 2,500 or less, it is not taxed or declared. Above that, VMI's example taxes only the excess at 15%. The 15% rate applies up to 12 average monthly wages of this kind of income, which VMI puts at EUR 27,745.80 for 2026. Income above that falls into higher bands of 20%, 25% or 32%.

If your trading is independent, continuous and aimed at profit, it can be individual activity. That income is taxed on net profit, and for 2026 VMI shows an effective rate of 5% on taxable income up to EUR 20,000, rising to 20% at EUR 42,500. Above EUR 42,500, the standard 20%, 25% or 32% rates apply. You can deduct actual costs or a flat 30% of income. Mining is also treated as individual activity, and documented electricity and equipment costs can be deducted.

Platform interest or rewards are taxed as interest income if they are not part of individual activity.

How do you report crypto taxes in Lithuania?

You declare on form GPM311 the year after you earn the income. For 2026 income, both filing and payment are due by May 3, 2027, because May 1 falls on a weekend. Keep records such as platform statements that show the date, amount, coin and price. For moving trade history out of an exchange, see how to download your crypto transaction history.

How does MiCA affect crypto in Lithuania?

MiCA is an EU licensing law, not a tax law. The Bank of Lithuania said in July 2025 that providers without a MiCA licence would lose the right to operate after December 31, 2025, and that it supervises only MiCA-licensed firms. Our guide to MiCA explains the wider rules, and crypto tax around the world compares other countries.

Rules differ by country and change often. Check the tax authority or a qualified professional for your own situation.