Skattemæssig behandling af digital valuta

Andreas Dam

Student thesis: Master executive thesis


Digitalization is a challenge to our legislation. This becomes very apparent when it comes to digital currency or crypto currency. It is referred to as a currency but has some very distinct differences compared to ordinary currency (or fiat currency) and most governments refer to is as an asset and therefore does not treat is as a currency according to the legislation. This is also the case for Denmark. Some major differences between digital currency and fiat currency is the lack of control and involvement from any country. Therefore, the value is entirely set by market value. The lack of control and legislation has led to a lot of criticism and warning against digital currency. The purpose of this assignment is to investigate how the use of digital currency is taxed according to current Danish legislation. Seeing as the phenomenon is rather new there is no legislation designed specifically for digital currency and administrative practice is rather limited. Therefore, any question regarding taxation will be handled through fundamental principles from Act on Taxation of Income and Property1. Digital currency is considered an asset for tax purposes. As a main rule the sale of assets are not liable to taxation and there is no deduction. This is not the case if it is considered speculation, professional sale or the sale is considered a hobby. Having the taxation based on dated principles leaves some confusion as to when a sale falls under the above mentioned main rule and the current administrative practice seems problematic if a company wishes to use digital currency as part of its operation.

EducationsMaster i Skat, (Executive Master Programme) Final Thesis
Publication date2018
Number of pages53