Crypto tax in Bulgaria
How is crypto taxed in Bulgaria?
In Bulgaria, cryptocurrency is taxed as income at a headline rate of 10%. Long-term exemptions do not apply.
Common questions
- What is the tax rate on crypto in Bulgaria?
- The headline tax rate on cryptocurrency in Bulgaria is 10%, applied as income tax.
- Are long-term crypto gains exempt in Bulgaria?
- No, long-term cryptocurrency gains are not exempt from tax in Bulgaria.
Crypto in Bulgaria is taxed as ordinary income.
Treatment
taxed as ordinary income
Long-term
Still taxed
Headline rate
10%
For an individual in Bulgaria, crypto disposal gains are always taxable as income (generally at a flat 10%) with no tax-free holding period for long-term holdings.
“According to the instructions of the Bulgarian tax authority, it is established that cryptocurrencies are equalised to financial assets for the purposes of taxation of income from such assets. With respect to individuals, the exchange of crypto-assets for FIAT currency is considered a taxable event under the Personal Income Tax Act. It is considered income from the sale of a financial asset and must be declared pursuant to the Personal Income Tax Act.” — National Revenue Agency of Bulgaria (NRA)
Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.