Latvia eyes crypto tax payments in 2027 as parliament overhauls crypto taxation
Latvia may let residents pay personal taxes with cryptocurrency as early as next year. The Finance Ministry has agreed to the plan, but technical work with a payment provider is unfinished; the provider and eligible cryptocurrencies have not been disclosed. The initiative supports a broader effort to attract crypto businesses and follows plans announced in May 2025 to enable crypto tax payments and tokenize assets. Separately, parliament passed changes to crypto investment taxation: tax would apply to withdrawals exceeding deposits rather than each trade. A one-time scheme would let holders settle past obligations by declaring assets at their end-2026 market value and paying 10%, with declarations due in spring 2027. Implementation of crypto tax payments may depend on formation of the next government.
