Austria Introduces Standardized Tax Reporting for Bitcoin Investors

Austria is introducing a new tax reporting system for Bitcoin investors in 2026. Starting from income earned in 2025, crypto service providers and banks will be required to issue standardized tax reports to their customers.

The report will include information on the investor's taxable transactions, including income and losses. It will also indicate which income can be offset against losses automatically and which cannot. This is particularly useful for investors who hold assets with multiple providers or have complex investment portfolios.

It's essential to note that not all transactions will appear in the tax report, especially those without capital gains tax withholding. Investors should keep their own transaction history alongside the tax report to ensure accuracy.