Estonia similar but higher rates | Activity | Taxable? | Tax Type | Rate | Reporting |
|---|---|---|---|---|
| Airdrops | Yes | Income | 15% | Always |
| Crypto-to-crypto | Yes | CGT | 15% | Always |
| DeFi lending | Yes | Income | 15% | Always |
| Gifts received | No* | Gift tax if non-family | Varies | If applicable |
| Holding | No | - | 0% | No |
| Liquidity provision | Yes | CGT / Income | 15% | Always |
| Mining income | Yes | Income | 15-20% | Always |
| NFT sale | Yes | CGT | 15% | Always |
| Salary/payment in crypto | Yes | Income | 20-32% | Always |
| Sell for fiat | Yes | CGT | 15% | Always |
| Staking rewards | Yes | Income | 15-20% | Always |
| Wrapped tokens | Unclear | CGT | Varies | Likely yes |
Lithuania has developed a clear and legally grounded crypto tax framework. The State Tax Inspectorate (VMI) classifies cryptocurrency as property and taxes disposal gains at a flat 15% rate. The Bank of Lithuania (BoL) has been an active VASP regulator since 2020 and became a MiCA-authorised licensing authority from 2026 — making Lithuania a competitively positioned hub for crypto businesses seeking EU-wide access. DAC8 exchange reporting has been active from 2026. Lithuania's 15% flat rate and functional regulatory infrastructure have made it an increasingly popular destination for crypto businesses and individuals within the EU.
Individual crypto investors pay a flat 15% tax on net disposal gains. There is no holding period exemption, no annual tax-free threshold, and no distinction between short-term and long-term rates. The 15% applies to gains from sales, crypto-to-crypto swaps, and spending crypto on goods or services. The cost basis is calculated using FIFO or weighted average — the taxpayer may choose, but must apply consistently.
Losses from crypto disposals can be offset against gains from other capital income in the same year, and any unused losses may be carried forward for up to five years to offset future crypto or capital gains. This carryforward provision meaningfully reduces the tax cost of a volatile portfolio and compares favourably with jurisdictions like Cyprus that restrict losses to same-year offset only.
Every crypto-to-crypto exchange is a taxable disposal in Lithuania — the same position as Germany, the UK, and most EU member states. The gain is calculated on the disposed asset at its euro market value at the time of the swap. DeFi swaps and DEX transactions are treated identically to centralised exchange trades. The 15% flat rate applies to the net gain.
Staking rewards and DeFi yield are taxable as income at the individual's marginal income tax rate — 20% for income up to €101,094 and 32% above that threshold. This is notably higher than the 15% capital gains rate, creating a meaningful difference between the treatment of disposal gains and income events. Mining income is treated as business income and subject to corporate or personal income tax at the applicable business rate (15–20%). Once received, staking tokens become capital assets — subsequent disposal gains are taxed at 15%.
The Bank of Lithuania's proactive approach to VASP regulation has attracted a significant number of crypto businesses seeking EU passporting rights. Over 500 crypto-related entities had received some form of BoL authorisation by 2024. Under MiCA, Lithuanian-licensed CASPs may operate across all EU member states. This has made Vilnius an increasingly relevant location for crypto businesses, with the associated benefit of a developed professional ecosystem for crypto compliance, legal, and accounting services.
Crypto disposal gains are declared in the annual GPM (personal income tax) return via the VMI's online portal, filed by 2 May for the prior calendar year (1 January – 31 December). DAC8 exchange reporting from 2026 means transaction data on Lithuanian-resident users of EU-licensed exchanges is reported to VMI automatically. Lithuania participates in CRS information exchange.
Lithuania is an EU member state. EU/EEA nationals may establish residency through freedom of movement. Non-EU nationals require a national visa or residence permit. Tax residency is established if an individual has a permanent place of residence in Lithuania or spends more than 183 days in Lithuania in a calendar year. Lithuanian tax residents are subject to worldwide income and capital gains taxation.
Lithuania has attracted a meaningful number of crypto professionals and entrepreneurs relocating within the EU, drawn by the 15% flat CGT rate, the developed VASP ecosystem, and relatively lower cost of living compared to Western European alternatives. There is no step-up in basis on arrival and no deemed disposal event. Unrealised gains on assets held before establishing Lithuanian residency become subject to Lithuanian CGT when realised after arrival.
Lithuania does not currently impose an exit tax on individuals specifically for crypto assets. Tax residency ceases when the individual no longer has a permanent place of residence in Lithuania and ceases to be ordinarily resident. Outstanding annual GPM returns must be filed before departure. As an EU member state, Lithuania participates in DAC8 and CRS — financial account data is exchanged with other EU member states and CRS partners.
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