Cómo declarar criptomonedas en México
In Mexico, cryptocurrency gains are considered cumulative income for ISR (Income Tax) and are taxed according to the progressive rate, which can reach 35%. Regulated platforms also apply VAT to their commissions.
Quick Tax Summary
- Tax type
- Accumulable income in ISR (Income Tax)
- Tipo aplicable
- 1.92% – 35% according to the progressive rate
- Tax-exempt minimum
- No specific tax-free minimum
- Crypto-to-crypto
- Yes, valued in pesos
- Staking y recompensas
- Accumulable income
- Losses
- Limited offset depending on income type
- Filing deadline
- April 30 of the following year
- Formularios
- Annual individual tax return on the SAT portal
- Sanciones
- Fines, updates, and surcharges for omission
- Autoridad fiscal
- Tax Administration Service (SAT)
How income is calculated
The difference between the sale value in pesos and the proven acquisition cost is declared. All operations must be converted to pesos using the exchange rate of the corresponding date.
If you operate through financial technology institutions regulated by the Fintech Law, you will have account statements that greatly facilitate cost verification.
Additional obligations
Vulnerable operations with virtual assets are subject to notices before the UIF (Financial Intelligence Unit) when they exceed the thresholds established by the Anti-Money Laundering Law, an obligation that falls on the platforms.
Receiving crypto payments for professional services converts that income into business or professional activity, with the obligation to issue invoices and make provisional payments.
Before filing: have your history in order
The first step to a proper tax declaration is to download the complete transaction history from each platform you use. MiCA-licensed exchanges often provide ready-to-use annual reports, which significantly simplifies the filing process.
See exchanges with MiCA licenseFrequently Asked Questions
Other countries in the same region · North America
This guide provides general information and does not constitute tax advice. Rules change frequently: always confirm details with your country's tax authority or a tax advisor.