Mining – how is it taxed?

Tokens received as a result of mining are taxed both upon receipt and again when they are sold. Mining can be compared tax-wise to the salary one receives for work on a project (like airdrops). Mining will in most cases be treated as running a so-called “hobby...

Crypto as a gift – how is it taxed?

You are not taxed on crypto received as a gift. It is tax-free and any gains made when later selling the crypto for fiat or other crypto is also tax-free. The reason for this is that you do not have “speculative intent” when receiving a gift and thus acquiring the...

Does the Danish Tax Agency audit my crypto trades?

The Danish Tax Agency is authorized to obtain information about Danes who trade on crypto exchanges. This is done in practice through cooperation with tax authorities in other countries with which Denmark has data exchange agreements on tax matters. Thus, the Tax...