Latvia plans crypto tax payments in 2027, PM adviser Didzis Dejus says
Latvia's Finance Ministry has backed letting residents pay personal taxes in cryptocurrency as early as next year, an adviser to the prime minister says, alongside a new law taxing crypto withdrawals.
Why it matters: Latvia is moving to tax crypto withdrawals rather than trades and to accept crypto for tax bills, a signal of how governments are adapting rules to digital assets.
Key points
- Didzis Dejus, an adviser to the prime minister, told CoinDesk he believes Latvians will be able to pay taxes in crypto next year
- Parliament passed legislation on 15 Oct taxing withdrawals above deposits rather than each trade
- Holders can declare past assets at 10% of their end-2026 market value, filing from 1 April to 31 May 2027, with tax due by 23 July
The payment plan comes as Latvia reworks how it taxes crypto investments.
The timing could depend on the next government.
What to watch: The declaration window runs from 1 April to 31 May 2027, with the tax due by 23 July, while the payment plan awaits technical work and a new coalition.
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