How crypto tax works in Bulgaria
Bulgaria treats crypto as financial assets: sales, swaps, and spends face 10% on net gains with fees and costs deductible, reported on the annual return's financial-asset appendix.
Mining with specialised hardware is professional activity at 15% with expense deductions, staking receipts take zero base until disposal, and losses net only within the year.
Exchange-only transactions are VAT-exempt as financial services, records must survive five years, and fines for omission scale steeply.
Tax rates at a glance
- Crypto gains tax
- 10%
- Mining income
- 15%
- Loss carryforward
- None
- Filing deadline
- April 30
- Staking receipts
- Zero base
- Exchange VAT
- Exempt
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
Long-term holdersActive tradersMinersFreelancers paid in cryptoExpats
Watch out for
- No carryforward makes December the only loss-planning month, and volatile traders pay on winning years without shelter in losing ones.
- Professional-trader reclassification lifts the 10% toward 15% with business obligations, which reprices desk-scale activity completely.
- Staking receipts with zero base concentrate the whole later sale into taxable gain, which surprises yield farmers modelling only reward income.
- Five-year record retention with wallet addresses and fiat values makes exchange-only histories insufficient without full ledgers.
Frequently asked questions
How is crypto taxed in Bulgaria?
Disposal gains face a 10% flat rate as financial-asset sales, with mining at 15% professional rates. Losses net same-year only, and filing runs to April 30.
Are crypto swaps taxed in Bulgaria?
Yes. Crypto-to-crypto trades realise gains at market value with FIFO-style costing, while pure exchange transactions stay VAT-exempt.
How is mining taxed in Bulgaria?
As professional activity at 15% with deductible operating expenses, separate from the 10% disposal schedule for investors.