From January 1, 2026, in compliance with the new European regulations, Binance will report to the tax agency on all transactions made on the platform. From 2026 onwards, if one only operates on the platform, the tax agency will be aware of all transactions. If cryptocurrencies are moved to cold wallets like Trust, Best Wallet, etc., one will need to fill out the RW form to declare the cryptocurrencies held outside of exchanges. The law is not retroactive; it comes into effect on January 1. Although it is not retroactive, in the event of tax audits, Binance is required to account for transfers made before January 1, 2026, including transfers to cold wallets or hardware ledgers. After January 1, even transfers will be disclosed to the tax authorities. Happy tax season to everyone.
Post
Ethuviel
·
--
Yes, the stamp duty is applied on the value of cryptocurrencies, which amounts to 0.20%. So on 1000 euros, it is therefore 2 euros. If, on the other hand, you had made profits from the sale of cryptocurrency, you would need to pay 26% on the capital gains for this year.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.