Increasing tax pressure on crypto

We're increasingly being contacted by clients concerned about their tax situation regarding crypto. They want to verify whether their previous tax returns have been filed correctly and whether their current portfolio complies with Belgian regulations. These concerns often arise from planned transfers to a bank account or in response to DAC8, the new European reporting rules that also grant the tax authorities access to data from non-custodial exchanges.

Analysis of the origin and growth of assets

We typically begin by analyzing the origin of the assets: what funds were invested in crypto, and how did the assets subsequently grow over the years? We then review, year by year, whether all tax obligations were correctly met and whether the returns correspond to the applicable tax profile: prudent private management, speculative investment, professional trading, or a combination. For this analysis, we use specialized tools such as CoinTracking, Koinly, or CryptoTaxCalculator, depending on your preference and the available data.

Regularization of established tax irregularities

If our analysis reveals that certain income has been undeclared or incorrectly classified, we can assist you in correcting these tax irregularities. We guide you through the entire regularization process, focusing on legal certainty, risk mitigation, and discretion.