Cómo declarar criptomonedas en San Marino
Since 2024, San Marino taxes capital gains for individuals, including those from cryptocurrencies, with an 8% substitute tax, and exempts the first €2,000 of crypto-asset gains per year.
Quick Tax Summary
- Tax type
- Substitute tax on capital gains, including cryptocurrencies
- Tipo aplicable
- 8% fixed
- Tax-exempt minimum
- Crypto-asset capital gains exempt up to €2,000 per year
- Crypto-to-crypto
- Consult the Ufficio Tributario criteria
- Staking y recompensas
- May be taxed as income
- Losses
- According to IGR capital gains rules
- Filing deadline
- July 31 of the following year
- Formularios
- IGR income tax declaration (IGR P form)
- Sanciones
- Surcharges and interest
- Autoridad fiscal
- Ufficio Tributario
The 8% rate and the €2,000 exemption
Delegated Decree No. 138 of 2024 introduced an 8% substitute rate on realized capital gains, including those from crypto-assets. No tax is paid on cryptocurrency gains below €2,000 per year.
Gains are declared in the annual general income tax (IGR) return, which is typically due for filing and payment by July 31.
International Information
This country is not part of the European Union, so DAC8 directive and MiCA regulation do not directly apply. Nevertheless, the international exchange of tax information (including the future OECD CARF framework) increases the traceability of platforms.
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 · Europe
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.