Crypto tax in San Marino
How is cryptocurrency taxed in San Marino?
Cryptocurrency is taxed as a special class in San Marino. Long-term holdings are exempt, and the headline rate is 8%.
Common questions
- Are there exemptions for long-term crypto holdings in San Marino?
- Yes, San Marino offers long-term exemptions for cryptocurrency holdings.
- What is the headline tax rate for crypto in San Marino?
- The headline tax rate for cryptocurrency in San Marino is 8%.
- Does San Marino tax worldwide income?
- San Marino operates a worldwide tax system.
San Marino is crypto-friendly.
Treatment
taxed under a special / mixed regime
Long-term
Tax-free (>6 months)
Headline rate
8%
For a relocating individual in San Marino, crypto gains are generally taxed at 8% on disposal but become tax‑free if you hold the cryptocurrency for more than six months before selling.
“The taxation of cryptocurrency transactions in San Marino is not explicitly addressed in the country's tax laws. However, based on the general principles of taxation, it is likely that gains or profits realized from cryptocurrency transactions would be subject to income tax. The applicable tax rates for cryptocurrency transactions in San Marino would depend on the individual taxpayer's circumstances and the nature of the transaction. For individuals, the income tax rate ranges from 0% to 40%, depending on their taxable income.” — Ufficio Tributario della Repubblica di San Marino (via summarized guidance)
Reflects the treatment of an individual's crypto disposals. Estimate — confirm against the linked source. See methodology.