Reporting framework, corporate tax and individual tax treatment for digital assets in Luxembourg, from CryptaCount's jurisdiction database covering 72 countries.
Luxembourg: tax & reporting data
General Information
Default Framework
IFRS
Permitted Frameworks
IFRS, LUX_GAAP
IFRS Mandatory For
Listed entities on LuxSE must use IFRS
Tax Year
Calendar Year (end M12)
Functional Currency
EUR
FX Source (Reporting)
ECB
FX Source (Tax)
ECB
Transaction Rate
Daily Spot
Hyperinflationary
✗ No
Reporting — LUX_GAAP
Framework Available
✓ Yes
Crypto Classification
Fixed 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, LIFO
Prohibited Cost Methods
—
Impairment Required
✓ Yes
Impairment Type
Prudence Principle
Reversal Allowed
✗ No
NRV Write-down
✗ Not required
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
24.94%
Crypto Classification
Ordinary Income
Notes
All corporate income. Participation exemption may apply to shares in crypto entities.
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
§99bis LIR: Speculative gains taxed if held <6 months. After 6 months: exempt if <EUR 500/yr. Progressive rates apply.
Tax Rate
42%
Rate Notes
Progressive income tax up to 42% + solidarity surcharge. Half-rate (demi-taux) applies to gains held >6 months but <2 years.
Individual Tax — Cost Basis
Measurement Basis
Historical Cost
Cost Method
FIFO
Method Electable
✓ Yes
Permitted Methods
FIFO, WAVG
Country Override
Standard
Individual Tax — Exemptions
CGT Exempt
✗ No
Exempt Conditions
Exempt if held >6 months AND annual gain <EUR 500
Holding Period
> 183 days
HP Benefit
Threshold exempt
Annual Exemption
—
Threshold Exemption
EUR 500 (Freigrenze (Exemption Limit))
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
Tax follows historical cost; Lux GAAP also historical cost but IFRS may use revaluation
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