Crypto tax in Azerbaijan
How is cryptocurrency taxed in Azerbaijan?
Cryptocurrency is classified as income and taxed at a headline rate of 14%. There is no long-term exemption.
Common questions
- What is the tax rate on cryptocurrency income in Azerbaijan?
- Cryptocurrency is taxed as income at a headline rate of 14%.
- Are there capital gains taxes on crypto in Azerbaijan?
- Capital gains from cryptocurrency are taxed at 14%.
Crypto in Azerbaijan is taxed as ordinary income.
Treatment
taxed as ordinary income
Long-term
Still taxed
Headline rate
14%
For a relocating individual, crypto gains are treated as ordinary non-entrepreneurial income and taxed at the standard 14% personal income tax rate, with no official long-term holding exemption stated.
“According to Article 99.3.8 of the Tax Code, any income other than salary that shows an increase in the value of a taxpayer’s assets is considered income from non-entrepreneurial activity if reported. Under Article 101.2 of the Tax Code, non-entrepreneurial income is taxed at a rate of 14% per year.” — State Tax Service / tax authority reporting via Tech.az
Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.