Danish Tax Law Council proposes taxation of unrealized cryptocurrency gains
On October 24th, the Danish Tax Law Committee proposed a bill that could tax unrealized gains and losses on cryptocurrency assets held by Danish cryptocurrency investors. The earliest this could take effect is in 2026. In its 93-page official report on cryptocurrency asset taxes, the committee suggested that all cryptocurrency assets should be taxed according to the same set of rules. It considered three potential models for taxing cryptocurrency assets in the country.
In the report, Danish Tax Minister Rasmus Stoklund stated that cases of unfair taxation of Danish cryptocurrency investors under the common "capital gains tax" method are not uncommon and suggested that new tax rules should find a simpler way to tax. These suggestions do not mean that the law will take immediate effect.
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