Austria's New Bitcoin Tax Report: Simplifying Returns for Investors

In Austria, Bitcoin investors can expect a standardized tax report from crypto service providers starting in 2026. This new instrument aims to simplify tax returns and loss offsetting for individuals holding or selling Bitcoin through Austrian platforms.

The tax report will contain data on tax-relevant income and losses, including information on automatic loss offset and capital gains tax already withheld. It will not replace an individual's own documentation of transactions and wallet transfers, though.

The entitlement to the tax report applies to individuals with unlimited tax liability in Austria, specifically those who hold or sell Bitcoin through Austrian banks and crypto-asset service providers required to withhold capital gains tax. This includes both domestic and foreign exchanges, but only for income subject to withholding.