The Crypto Reporting Act (Krypto-MPfG) came into force on 1 January 2026.<\/p>\n
With this Act, Austria is implementing an EU directive that provides for the automatic exchange of information on crypto assets between the tax authorities of participating countries. In addition to EU Member States, numerous third countries are also involved in the exchange of information (e.g. from 2028: Singapore, Hong Kong, the Bahamas and the British Virgin Islands; from 2029: the USA). Providers of crypto services are now obliged to report their customers\u2019 tax-relevant crypto transactions annually to the relevant local tax authority. The reporting obligation in Austria applies to all crypto service providers authorised in Austria and resident or operating in Austria.<\/p>\n
This therefore affects companies offering crypto services here, such as the custody and management of crypto assets, the exchange of crypto assets for cash or other crypto assets, and the operation of trading platforms for crypto assets. The report must always be submitted electronically to the tax office by 31 July of the following year. The first return for 2026 must be submitted by 31 July 2027 at the latest. If taxpayers use a crypto platform licensed in Austria, and if this crypto platform has withheld capital gains tax (KESt) on crypto income generated from private assets and paid it to the tax office, the tax liability will normally be settled by the KESt deduction. Taxpayers who hold cryptocurrencies with foreign providers or trade on foreign crypto exchanges and platforms must disclose their taxable crypto income in their income tax return.<\/p>\n
Under the Crypto-MPfG and the EU Directive, crypto transactions via foreign crypto exchanges or crypto wallets will in future be reported to the Austrian tax authorities.<\/p>","protected":false},"excerpt":{"rendered":"
The Crypto Reporting Act (Krypto-MPfG) came into force on 1 January 2026. With this Act, Austria is implementing an EU directive that provides for the automatic exchange of information on crypto assets between the tax authorities of participating countries. In addition to EU Member States, numerous third countries are also involved in the exchange of… <\/p>\n