Selling or exchanging crypto in Lithuania is taxable personal income — and since January 1, 2026, EU exchanges report your transactions to tax authorities under DAC8. Here is how it works, in plain language, with every claim cited.
| Tax rate | 15% personal income tax (GPM) on crypto gains, rising to 20% on the portion of annual non-employment income above 120 average monthly wages.1 A 2025 reform introduces progressive rates (reported 20/25/32%) on aggregate income from 2026. verify 2026 treatment with the VMI |
| The €2,500 relief | Gains from selling non-registrable property — including crypto-assets — are exempt up to EUR 2,500 per year; only the excess is taxable.1 |
| What triggers tax | Selling for euros, exchanging one crypto-asset for another (one is treated as sold, the other as purchased), and paying for goods or services with crypto.2 |
| The gain | Sale income minus your documented acquisition price. No documentation — no deduction.1 |
| Declaring | Annual income tax return (GPM311) via the VMI's EDS, due May 1 of the following year.3 |
| Who knows | From Jan 1, 2026, crypto-asset service providers report user transactions under DAC8; data is exchanged automatically between all EU tax authorities, including the VMI.4 |
The VMI will increasingly see what you sold — under DAC8 it receives your transaction data automatically. What it cannot see is what you paid, across the exchange that closed in 2022, the wallet you forgot, the bridge you used once. The burden of documenting acquisition price is yours; undocumented cost means tax on money you never made — and without a complete ledger you cannot even prove you are under the €2,500 relief.
That is exactly the gap ClearBasis closes: we rebuild your complete acquisition history from exchange files and on-chain records, match every transfer between your own wallets so moving coins is never taxed as selling, and attach evidence to every number.
The free scan shows your true gains vs. proceeds-only in 3 minutes. The Global Basis Report (from $99) is the full evidence-linked ledger — acquisition costs, per-disposal gains, EUR values with cited FX — the document you or your buhalteris declare from.
Run my free scanGPM311 declaration formatting — your report's totals mapped to the declaration fields, reviewed by a Lithuanian tax professional before we ship it. Run and save a free scan to join the list; demand decides how fast.
Start with the free scanYes — the VMI treats a swap as one crypto sold and the other purchased, so a gain at the moment of exchange is taxable even when no euros are involved.
Gains from selling non-registrable property — including crypto — are exempt up to EUR 2,500 per year; only the excess is taxed. A complete ledger is what proves whether you're under or over it.
The blockchain records outlived the company. Acquisition history can be rebuilt from on-chain data plus any exports you kept.
This page's primary sources — the PIT law (GPMĮ) on e-tar.lt, VMI guidance, and the EU DAC8 texts — are monitored for changes. Confirmed factual updates publish with a new version stamp; substantive rule changes are verified by a professional before this page changes. Every change is public:
| Change log | Version |
|---|---|
| DAC8 live; 2026 progressive-rate reform flagged for verification | lt-2026.1 |
1. Gyventojų pajamų mokesčio įstatymas (GPMĮ) · 2. VMI guidance on virtual-currency taxation · 3. VMI: annual income declaration (GPM311, EDS) · 4. Council Directive (EU) 2023/2226 (DAC8). This guide is information, not tax advice; rules change — this page is versioned (lt-2026.1), re-reviewed annually, and the English master is canonical. For binding answers, consult the VMI or a licensed Lithuanian tax advisor.