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Are crypto transactions taxable?

Paying taxes on crypto gains depends on the country you live in. We recommend you seek professional tax advice. In most countries, you may have to pay tax on the profits you earn from buying and selling cryptocurrencies. Keep in mind that we are obligated to report your Tax ID to our partner Bitpanda. Please make sure you research and understand your country's taxation laws before you start investing in crypto.

For Austrian citizens only: Keep in mind that Bitpanda withholds taxes from Austrian citizens on income from crypto assets due to Austria’s tax regulations. You can check the regulations on the taxation of crypto here.