Bitcoin capital gains tax ireland

0.00356565 btc to usd

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Tax on Crypto in Ireland - A Complete Guide
There are no special tax rules for cryptocurrencies or crypto-assets. See Taxation of crypto-asset transactions for guidance on the tax. The capital gains tax rate in Ireland for the tax year is 33%. The same rate is applied to profits from all assets that attract CGT. When you sell or dispose of cryptocurrencies and realize a capital gain, you are generally subject to a standard capital gains tax rate of 33%.

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In Ireland, you can offset your capital gains with capital losses � as long as the losses are deductible according to the four-week rule discussed earlier. While taking losses on cryptocurrency is never the goal, it does come with a silver lining: tax benefits. Cryptocurrency mining rewards. Instant tax forms. Email info iconaccounting.