In Lithuania, how are crypto capital gains taxed?

As personal income, at a rate of 15%. In Lithuania, crypto capital gains are treated as personal income and taxed at a single rate of 15%.

How does the Lithuanian annual exemption work?

The first €2,500 of gains in the year is exempt; only the excess is taxed at 15%. There is an annual tax-free exemption of €2,500: the first €2,500 of gains in the year is exempt, and only the part exceeding that threshold is taxed at 15%.

You bought crypto for €1,000 and resold for €1,800. What is your taxable gain before the exemption?

€800, i.e. the sale price minus the acquisition cost. The taxable gain is computed as the sale price minus the acquisition cost: €1,800 − €1,000 = €800.

You are a Lithuanian resident using a Deblock account, regulated in France. Who declares your gains?

It is up to you to declare your gains yourself to the VMI. Deblock is regulated in France, but that changes nothing about your Lithuanian obligation: as a resident, it is up to you to declare your own gains to the VMI.

Crypto tax in Lithuania | Deblock Guide

Introduction

Lithuanian crypto tax is simpler than it looks: your capital gains are personal income taxed at a single rate of 15%. The real particularity is the annual tax-free exemption of €2,500: each year, the first €2,500 of gains escapes tax, and only what exceeds that is taxed at 15%. By contrast, there is no exemption tied to the holding period: holding for a long time changes nothing. This module explains how the rate works, how the annual exemption works, how to compute your gain and how to declare to the VMI. Important: this content is educational, not personal tax advice — for your own situation, consult an accountant or tax adviser.

The principle: 15% and an annual €2,500 exemption

In Lithuania, when you realise a capital gain by selling crypto, that gain is treated as personal income and taxed at a rate of 15%. It is a single rate, easy to remember.

But there is an important benefit: an annual tax-free exemption of €2,500. In concrete terms, the first €2,500 of gains you realise in the year is not taxed; only the part that exceeds that threshold is taxed at 15%.

Be careful not to confuse this exemption with a holding period. In Lithuania, holding your crypto for a long time gives no additional exemption: what matters is solely the amount of your gains within the year.

Crypto capital gains are personal income taxed at 15%.
Annual tax-free exemption of €2,500: the first €2,500 of gains per year is exempt.
Only the excess above €2,500 is taxed at 15%.
No exemption tied to the holding period.

Common belief

In Lithuania, small crypto gains are always tax-free.

Actually : Not exactly. Only the first €2,500 of gains per year is exempt. Beyond that threshold, the excess is indeed taxed at 15%.

How the annual exemption works

The €2,500 exemption is assessed per year and on your net gains. It lets you realise up to €2,500 of capital gains in the year without paying tax on them.

As soon as your gains for the year exceed €2,500, the tax applies only to the excess part, not to the whole. The exemption therefore always "protects" the first €2,500 of the year.

The exemption applies per calendar year.
It applies to your net gains (sale price minus acquisition cost).
The first €2,500 of gains in the year is not taxed.
Only the part exceeding €2,500 is taxed at 15%.
Holding your crypto for longer changes nothing: there is no holding-period exemption.

Computing the gain and keeping your records

The taxable gain is computed simply: sale price minus acquisition cost. If you bought for €1,000 and resold for €1,800, your gain is €800.

To do this calculation correctly and justify your figures in the event of an audit, you must keep the history of your operations: dates, purchase and sale amounts. Without these records, you cannot prove your acquisition cost, and therefore your real gain.

Key insight

Gain = sale price − acquisition cost

Your taxable gain is the difference between the sale price and the acquisition cost. Keep the dates and amounts of each purchase and each sale: they are what justify your calculation to the VMI.

Declaring to the VMI, and the role of a French account

In Lithuania, it is up to you, the resident, to declare your crypto gains to the VMI (the State Tax Inspectorate). You compute your gains for the year, apply the €2,500 exemption, and declare the taxable part at the 15% rate.

Deblock is regulated in France, not in Lithuania. That changes nothing about your obligation: the account does not declare on your behalf and removes no Lithuanian tax obligation. As a Lithuanian resident, it is up to you to declare your own gains to the VMI.

The right reflex is to keep the history of your operations (dates, amounts) and, at the slightest doubt, to consult an accountant or tax adviser. Official source: VMI (vmi.lt).

You declare your gains yourself to the VMI (State Tax Inspectorate).
You apply the €2,500 exemption then tax the excess at 15%.
Deblock, regulated in France, never declares on your behalf.
Keep the history of your operations and, at the slightest doubt, consult an accountant or tax adviser.

Key takeaways

What you should remember

01In Lithuania, crypto capital gains are personal income taxed at 15%.
02Annual exemption of €2,500: the first €2,500 of gains per year is exempt, only the excess is taxed at 15%.
03No holding-period exemption; the gain = sale price − acquisition cost.
04Lithuanian resident = you declare yourself to the VMI; Deblock does not. Educational content, not tax advice — consult an accountant or tax adviser.

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