Serbia Crypto Tax Guide 2026

Overview — Crypto Taxation

Serbia does not have specific cryptocurrency tax legislation. Instead, crypto transactions are taxed under general income tax and capital gains rules. The Serbian Tax Administration (Poreska uprava) has issued guidance treating crypto gains as taxable income, with the specific treatment depending on the nature of the activity.

Capital Gains on Crypto — 15%

Gains from the sale, exchange, or disposal of cryptocurrencies are generally treated as capital gains subject to the flat 15% IIT rate. Key points:

• Gain = disposal proceeds minus acquisition cost
• Acquisition cost includes purchase price plus transaction fees
• Crypto-to-crypto trades are taxable events (disposal of one crypto for another)
• Holding period matters: if held for more than 10 years, the gain may be exempt under the general CGT exemption for long-held assets

Crypto Mining — Business Income

Cryptocurrency mining is treated as business or self-employment income rather than capital gains. This means:

• Mining rewards are taxed as business income at the flat 10% IIT rate
• Mining expenses (electricity, equipment, cooling, rent) are deductible
• Mining must be registered as a business activity with Poreska uprava
• Social contributions may also apply on mining income

Staking and DeFi Income

Income from staking, yield farming, and other DeFi activities is less clearly defined under Serbian tax law. It may be treated as:

• Capital gains if the staking rewards are considered gains from asset appreciation
• Other income taxed at 10% IIT if considered passive income
• Conservative approach: declare as other income and consult a tax advisor

Reporting Requirements

Crypto gains and income must be reported in the annual personal income tax return by 15 May. Detailed records should be maintained including:

• Date and value of each acquisition
• Date and value of each disposal
• Transaction fees and exchange rates
• Wallet addresses and transaction IDs

FAQs

Is cryptocurrency taxed in Serbia?

Yes, crypto gains are generally treated as capital gains and taxed at 15%. Crypto mining is treated as business income taxed at 10%.

Are crypto-to-crypto trades taxable?

Yes, exchanging one cryptocurrency for another is considered a disposal event and may trigger a capital gain or loss.

Are there any exemptions?

The 10-year holding period exemption for capital gains may apply to crypto held for over 10 years. Professional traders may be treated differently than individual investors.

Disclaimer

This guide provides general information about Serbian cryptocurrency tax treatment for 2026. Crypto tax rules are evolving. Always consult with a qualified Serbian tax advisor. InvestmentKit does not provide tax advice.