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Crypto accounting & tax in Denmark

Reporting framework, corporate tax and individual tax treatment for digital assets in Denmark, from CryptaCount's jurisdiction database covering 72 countries.

Denmark: tax & reporting data

General Information

Default Framework
IFRS
Permitted Frameworks
IFRS, DK_GAAP
IFRS Mandatory For
Listed entities use IFRS
Tax Year
Calendar Year (end M12)
Functional Currency
DKK
FX Source (Reporting)
NATIONALBANKEN
FX Source (Tax)
NATIONALBANKEN
Transaction Rate
Daily Spot
Hyperinflationary
✗ No

Reporting — DK_GAAP

Framework Available
✓ Yes
Crypto Classification
Intangible Asset, Current Asset
Classification Notes
IAS 38 intangible (most common); IAS 2 inventory if held for sale in ordinary course. No dedicated IFRS crypto standard.
Measurement Basis
Historical Cost
Permitted Cost Methods
FIFO, WAVG
Prohibited Cost Methods
LIFO
Impairment Required
✓ Yes
Impairment Type
Prudence Principle
Reversal Allowed
✓ Yes
NRV Write-down
✓ Required — Only if classified as inventory (IAS 2)
Fair Value Hierarchy
Recent Standards
No dedicated IFRS crypto standard. IFRIC agenda decision (2019) confirmed IAS 38/IAS 2. IASB crypto project in pipeline, no ED yet.

Corporate Tax — Rate & Classification

Corporate Tax Rate
22%
Crypto Classification
Ordinary Income
Notes
Corporate crypto = ordinary income

Corporate Tax — Cost Basis

Measurement Basis
Historical Cost
Default Cost Method
FIFO
Permitted Methods
FIFO, WAVG
Taxpayer Can Elect
✓ Yes
Country Override
Standard
Override Notes
LIFO Conformity Req.
✗ No
Differs from Reporting
✓ Yes

Corporate Tax — Anti-Avoidance

Wash Sale
✗ Off
Window (before/after)
Same-Day Rule
✗ No
Loss Restriction
Unrestricted
Loss Carryforward
Unlimited

Corporate Tax — Holding Period

Holding Period Benefit
✗ No
Period
Benefit Type

Corporate Tax — Crypto Event Treatment

Staking Rewards
FMV at Receipt
Gas Fee Treatment
Add to Cost
Gas = Disposal of Native
✓ Yes
Crypto↔Crypto Taxable
✓ Yes
DeFi Wrapping
Unclear
Fork Cost Basis
Zero

Individual Tax — Regime

Tax Regime
Capital Gains
Regime Notes
Gains/losses taxed as capital income or speculative under Statsskatteloven. Proposed inventory-based regime not enacted as of 2026.
Tax Rate
42%
Rate Notes
Capital income ~42% effective (municipal+state). Losses only offset same type.

Individual Tax — Cost Basis

Measurement Basis
Historical Cost
Cost Method
FIFO
Method Electable
✗ No
Permitted Methods
FIFO
Country Override
Standard

Individual Tax — Exemptions

CGT Exempt
✗ No
Exempt Conditions
Holding Period
HP Benefit
Annual Exemption
Threshold Exemption

Individual Tax — Anti-Avoidance

Wash Sale
✗ Off
Same-Day Rule
✗ No
Superficial Loss
✗ No
Loss Restriction
Unrestricted
Loss Carryforward
Unlimited

B2C vs B2B Differences

Differs from B2B
✓ Yes
Notes
Proposed inventory/MTM regime not yet enacted
Compare Denmark with other jurisdictions

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