Belgian tax authority is looking for taxpayers who use Foreign Crypto Exchanges

The Belgian tax authority (STI) is looking for Belgian individuals who have invested in foreign currencies in cryptocurrencies, reported the local news agency De Standaard on Friday, March 2.

Following receipt of information from Finnish authorities that several Belgian taxpayers had traded on Finnish crypto exchanges, the STI began investigating the cases of three Belgians involved, with a fourth non-case closed, the Brussels Times wrote ,

According to a ruling introduced last year in Belgium, crypto-punters are required to pay a 33 percent tax on cryptographic winnings deposited in the Miscellaneous Income section of the tax form.

Due to the anonymous nature of crypto trading platforms, De Standaard writes that the crypto rule is difficult to enforce. However, the STI is planning to follow the example of the US Internal Revenue Service (IRS), which has legally mandated the US Crypto Exchange and Wallet Coinbase to transfer the data of approximately 13,000 clients for tax enforcement purposes.

The Belgian tax authorities will try to use the double taxation agreement between Belgium and the US to obtain information on possible Belgian Coinbase users, De Standaard said. The STI also plans to send similar requests to crypto changers in general to find out if Belgian taxpayers are customers.

Francis Adyns, a representative of the Federal Public Service Belgium (FPS), told De Standaard:

“It will be investigated whether a similar question to that of the IRS can be asked […] There are several other websites that trade in bitcoins and many other crypto-coins.Any well-known website in this area may be subject to our explicit attention counting. ”

While the IRS initially asked Coinbase to provide information about all of its users, a court case brought by Coinbase in November 2017 ruled that only information about “high volume” users should be given to the IRS.

Write: Richard Abermann



  1. Brilliant commentary. I think this hits the nail on the head: “When harm reduction and sex education dogma does not acknowledge these kinds of realities, it becomes a neoliberal ideology that shames people for not minimizing STI risks in certain approved ways, even while those risk minimization methods are inaccessible to them. The reality of bareback sex belies the myth of choice that so many in the sex positive crowd like to impose on sex workers. We”re encouraged to write off sex workers for whom consistent condom use just isn”t a viable option by saying “that”s not sex work, that”s trafficking, or “the VAST MAJORITY of sex workers would never work without a condom, we”re experts on safer sex, that”s what makes us better than hookups, or “sex workers are not vectors of disease, or “survival sex workers face that problem, but the VAST MAJORITY of us are here by choice. And it”s not that those statements aren”t true, at least some of the time. But when they”re pushed and pushed, to the exclusion of ever thinking about or planning, collectively, for the reality of barebacking, they harm us. I appreciate the courage you”ve shown by opening discussion of the taboo.

  2. Нelⅼo! Do yoᥙ knoѡ if they make any pⅼugins to protect against hacкers?
    I’m kinda paranoid about losing everything I’ve worked hard on. Any tis?

  3. I am really thankful to the owner of this ԝeb page who has shared this enormous paragraph at at this

  4. You are so cool! I do not think I’ve truly read something like this
    before. So great to find another person with genuine thoughts on this topic.
    Really.. thank you for starting this up. This website is
    one thing that is required on the internet, someone with a bit of originality!

  5. Wollte Euch einfach mal in diesem Gaestebuch einen Gruss hinterlassen.

  6. Good day I am so delighted I found your webpage, I really found you by accident, while I was searching on Askjeeve for something else, Anyhow I am here now and would just like to say thank you for a remarkable post and a all round interesting blog (I also love the theme/design), I don’t have time to read it all at the moment but I have saved it and also added your RSS feeds, so when I have time I will be back to read a great deal more, Please do keep up the great job.

Leave a Reply

Your email address will not be published. Required fields are marked *