Lithuania cryptocurrency tax guide
Lithuania exempts the first EUR 2,500 of annual crypto gains from personal income tax, with gains above that taxed at a flat 15%, rising to 20% above a high-earner non-work-income threshold reported as 120 average monthly salaries (euro equivalent not independently confirmed). From 1 January 2026, progressive PIT rates also begin applying to this income. Crypto-to-fiat exchanges, crypto-to-crypto swaps, and spending crypto are all treated as taxable disposals.
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Tax authority: Valstybinė mokesčių inspekcija (VMI) · Last reviewed 2026-10-29 · Next review due 2027-04-29
This is educational information, not individualized tax or legal advice. Cryptocurrency taxation changes quickly and depends on personal circumstances — confirm current rules with Valstybinė mokesčių inspekcija (VMI) or a qualified local tax professional before relying on it.
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What this guide covers
This guide covers Lithuania's individual crypto tax rules for 2025, based on consistent secondary legal and tax commentary describing the Law on Income Tax of Individuals' treatment of crypto. vmi.lt wasn't directly fetched. This is educational information, not individualized tax advice.
Tax treatment of cryptocurrency
Lithuania exempts your first €2,500 of annual crypto profit, then taxes the rest at 15%. The VMI treats crypto-to-euro exchanges, crypto-to-crypto swaps, and paying for goods or services with crypto all as taxable disposals. The first EUR 2,500 of annual net profit from such disposals is exempt; gains above that are taxed at 15% as either capital income for occasional gains or individual-activity income for professional trading, reportedly under the same 15% rate either way. A higher 20% rate applies to non-work income above a high-earner threshold, which secondary sources describe inconsistently — roughly 120 times the average monthly wage, or a flat figure around EUR 200,000-228,000.
Common taxable events
- Exchanging crypto for euros — a taxable disposal.
- Crypto-to-crypto swaps — treated as a taxable disposal, unlike some other countries in this knowledge base.
- Paying for goods or services with crypto — treated as a taxable disposal.
Potentially non-taxable events
- The first EUR 2,500 of annual net profit from crypto disposals — exempt from personal income tax.
- Simply buying and holding crypto isn't a taxable event.
- Crypto-to-fiat conversions are reported as VAT-exempt.
Tax rates and thresholds
EUR 0-2,500 annual net profit: exempt. Above EUR 2,500: a 15% flat rate. Above a high-earner non-work-income threshold, reported inconsistently across sources as roughly EUR 200,000-228,000 or ~120 average monthly salaries: 20%. This guide doesn't independently confirm the exact current threshold figure.
Cost basis and calculation
Losses can offset gains only within the same calendar year. This guide doesn't independently confirm a mandated cost-basis identification method.
Reporting and compliance
- Residents file an annual personal income tax (PIT) return by 1 May of the following year, declaring crypto income regardless of category.
Residency and cross-border issues
Your Lithuanian tax residency generally governs whether your worldwide crypto gains fall within this regime. This guide doesn't cover non-resident rules in depth.
Example
This example is hypothetical, for illustration only. Jonas sells crypto for a total of €5,000 in net profit during the year, his only crypto activity. The first €2,500 is exempt; the remaining €2,500 is taxed at 15% — €375 — declared on his PIT return by 1 May of the following year.
Official resources
- Valstybinė mokesčių inspekcija (VMI): https://www.vmi.lt/
Limitations and review information
Tax year covered: 2025 (note: from 1 January 2026, progressive PIT rates begin applying to this income -- confirm current mechanics directly with VMI if reading this after that date). Last verified: October 29, 2026 (citation-integrity pass; source now individually verified and read directly). Known gap: vmi.lt wasn't directly fetched. The exact euro equivalent of the 120-average-salary high-earner threshold wasn't confirmed, and no specific statutory article number was confirmed. This is educational information only, not individualized tax advice — confirm current specifics directly with the VMI or a qualified Lithuanian tax professional.
Sources
- Crypto taxes in Lithuania: when are crypto profits taxable?Secondary source
Motieka & Audzevičius · Checked 2026-10-29
Supports: Read directly: the EUR 2,500 annual exemption for non-registrable assets not linked to individual activity (including crypto), with only the excess taxed at 15-20%; that crypto-to-crypto swaps are treated as a taxable disposal (the crypto given up is deemed sold, the crypto received is valued at its euro fair market value at exchange); the 20% rate applying where taxable income exceeds 120 average monthly salaries (VDU); and that from 1 January 2026, progressive PIT rates also apply to this income. The firm separately reports Lithuanian corporate income tax at 16% (6% for small companies), rising to 17%/7% from 1 January 2026 -- not used here since this guide covers individual tax.
Related Kaavon resources
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