Cómo declarar criptomonedas en Venezuela
Venezuela taxes crypto gains under progressive ISLR. Additionally, the Financial Transactions Tax (IGTF) may apply to payments made with crypto assets. The Petro was eliminated in 2024.
Quick Tax Summary
- Tax type
- Income Tax (ISLR) and IGTF
- Tipo aplicable
- ISLR 6% – 34%; IGTF up to 8% on payments with crypto assets
- Tax-exempt minimum
- General ISLR deductions
- Crypto-to-crypto
- No specific criteria published
- Staking y recompensas
- Taxed under ISLR
- Losses
- Limited compensation
- Filing deadline
- March 31 of the following year
- Formularios
- DPN-25 Declaration (ISLR)
- Sanciones
- Fines in tax units
- Autoridad fiscal
- SENIAT
Regulation and supervision
The Superintendency of Crypto Assets (SUNACRIP) was restructured in 2023 following a corruption case, and exchange licenses have been reviewed. Before operating, check which platforms are authorized.
Regional context
Many Latin American countries still do not have specific tax laws for cryptocurrencies and apply general income tax rules. Several also apply the principle of territoriality: they only tax local-source income. Always keep a history of purchases and sales in local currency.
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 · Latin 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.