Bitcoin Tax by Country

Bitcoin is taxed as property or a capital asset almost everywhere: the US charges 0–20% on long-term gains and brokers now report sales on Form 1099-DA; the UK charges CGT at 18% or 24%; India takes a flat 30% plus 1% TDS with no loss relief; Canada taxes half the gain and Australia halves gains after 12 months; the UAE doesn't tax individuals. In most places, swapping one crypto for another counts as a sale.

Facts checked 26 October 2026 · Not financial, legal or tax advice

Choose a country

United StatesProperty: 0/15/20% long-term; Form 1099-DA United KingdomCGT 18%/24% above £3,000 IndiaFlat 30% + 1% TDS; no loss set-off CanadaHalf of the gain taxable AustraliaCGT, 50% discount after 12 months UAENo personal income tax PakistanNo specific crypto tax yet Saudi ArabiaNo income tax for Saudi nationals

Bitcoin Tax: FAQ

Is swapping one crypto for another taxable?

In the US, UK, Canada and Australia, yes: exchanging crypto for crypto is a disposal, so any gain is taxable.

General information about the rules for individual investors, checked October 2026. Tax depends on your circumstances and residence; check with the tax authority or an adviser. Not tax advice.