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Denmark Tax Ruling: Cryptocurrency Trading and Company Regime Eligibility Clarified

  • Danish Customs and Tax Administration clarified eligibility criteria for cryptocurrency trading under company regime
  • Taxpayer left job as IT programmer to focus on day trading Bitcoin and other cryptocurrencies
  • Completed over 5,000 transactions and earned over 5.6 million kroner in gains
  • Tax Agency ruled he was ineligible for company regime starting in 2017
  • National Tax Court upheld decision, stating lack of professional connection to financial markets and trading activities not eligible for company regime

Source: globalvatcompliance.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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