Crypto and tax in The Netherlands

Bitvavo provides an overview of your crypto and euro balances to give you insight into the status of your account on the annual reference date. This information is intended to help you gain clarity about your holdings on January 1 of a calendar year.

What does Bitvavo’s annual overview show?

The annual overview displays your balance on January 1 of the relevant tax year. This reference date may be important for your tax return, depending on your personal situation. The overview includes:

• The value of your digital assets (crypto)
• Your euro balance (EUR)

These two categories are displayed separately to make the overview easier to read. The split between your euro balance and crypto balance is designed to align with the categories that may be required in your tax filing.

Why is the overview split?

Tax declarations may require a distinction between different types of assets. That’s why Bitvavo has separated the annual overview into two parts:

• Euro balance: your euro balance on January 1
• Crypto balance: the value of your digital assets on January 1

This helps provide more clarity on how your funds are distributed. How you report this information in your tax return depends on your personal circumstances. Bitvavo does not make any statements about this.

How can I request the annual overview?

You can request your annual overview via your transaction history in your Bitvavo account. Here’s how:

1. Go to Transaction history.
2. Click the "Export" button.
3. Select the desired year and click "Export" again to download the file.

Providing your tax information (DAC8)

Besides downloading your own annual statement, you may also be asked to provide tax information to Bitvavo. This is required by new European regulations (DAC8) aimed at improving tax transparency.

• New users: If you create an account from January 2026, you must provide your tax details (including your Tax Identification Number) during onboarding.
• Existing users: You will be asked to provide this information later and must complete it by 2027.

For more information on what is required and how to provide it, please read our article: How do I provide my tax information on Bitvavo?

Additional information

Bitvavo does not provide guidance on how to declare your digital assets or euro balance to the tax authorities. The data we provide is for informational purposes only.

If you have questions about your tax return, we recommend contacting a certified tax advisor.