Who We Help / Crypto & Web3
Crypto tax in Ireland.
Done correctly.
Revenue is actively enforcing crypto tax compliance in Ireland. Every disposal — including crypto-to-crypto swaps — is taxable at 33% CGT. DeFi, staking, and NFTs each carry distinct treatment. Finlay Mulligan are the chartered accountants who understand Web3.
Who we help in crypto & Web3
Crypto Investors
Individual investors with Bitcoin, Ethereum, altcoin, or NFT gains needing CGT returns and Revenue compliance.
DeFi Users
Liquidity providers, yield farmers, and protocol users who need DeFi-specific tax treatment.
NFT Creators & Collectors
Artists, collectors, and marketplace participants navigating NFT income and capital gains treatment.
Miners & Stakers
Those earning cryptocurrency as income through proof-of-work mining or proof-of-stake validation.
Web3 Companies
Crypto-native businesses, DAO entities, and token-issuing companies needing full accounting and tax compliance.
Late Filers
Individuals who have not declared prior-year crypto gains and need to make a Revenue voluntary disclosure.
Revenue is watching
Irish exchanges report to Revenue under CRS. EU DAC8 from 2026 requires all European exchanges to report Irish customers. The window for voluntary disclosure is open — but it closes when Revenue contacts you first.
Crypto & Web3 FAQs
What is the tax rate on crypto gains in Ireland?
Capital Gains Tax (CGT) at 33% on net gains from crypto disposals. The first EUR 1,270 of gains per year is exempt. Crypto income (mining, staking, airdrops) is taxed as income at your marginal rate — up to 40% plus USC and PRSI.
Is swapping crypto-to-crypto a taxable event in Ireland?
Yes. Revenue treats every crypto-to-crypto swap as a disposal and reacquisition. If you swap Bitcoin for Ethereum when Bitcoin has risen in value, you have a taxable gain — even without touching EUR.
How does DeFi work for tax purposes?
DeFi is complex and each protocol interaction may have different tax treatment. Providing liquidity, receiving LP tokens, earning yield, and withdrawing liquidity can each trigger different tax events. We analyse your DeFi history and apply the most defensible treatment under current Revenue guidance.
What if I did not declare crypto in previous years?
A Revenue voluntary disclosure — submitting and paying outstanding taxes before Revenue contacts you — attracts significantly reduced penalties compared to a Revenue-initiated audit. We handle prior-year disclosures and calculate what is owed.
Does Revenue know about my crypto?
Revenue has data-sharing arrangements with Irish crypto exchanges under CRS. EU DAC8 (effective from 2026) requires all EU-based exchanges to report Irish-resident customers. Revenue is increasingly active in the crypto compliance space.
Can you handle crypto tax for a Web3 company or DAO?
Yes. We advise Web3 companies, DAOs, and token-issuing entities on Irish corporate crypto tax treatment, company accounting for digital assets, and Revenue compliance for crypto-native businesses.
Get your crypto tax sorted today
Tell us your situation — exchange history, DeFi activity, gain estimate. We will advise on the best path forward.