Ukraine Proposes Crypto Tax Between 5% and 10%, Higher Rate Under Consideration

In Brief

Ukraine plans to tax cryptocurrencies at a rate between 5% and 10%.

Lawmakers are also considering a 23% total tax burden, including 18% income tax and 5% military tax.

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Ukraine is advancing its efforts to legalize cryptocurrencies, with lawmakers expected to vote on a regulatory bill in the coming months. However, uncertainty remains regarding taxation policies, with officials weighing two different approaches.

The primary proposal suggests a crypto tax rate of 5% to 10%, but an alternative plan would align digital asset taxation with standard income tax rules, applying an 18% income tax plus a 5% military tax, totaling 23% on cryptocurrency earnings.

The final framework is still under discussion, with legislation expected to be completed by mid-2025. The decision will play a crucial role in shaping Ukraine’s crypto adoption and investment climate.

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