Crypto tax in Ireland
Rules verified in September 2026.
Short term
33%
Long term
33%
Threshold
€1,270/year exempt
Annual allowance
Annual exemption €1,270
Cost method
FIFO with the 4-week rule
Legislation
TCA 1997; Revenue TDM Part 02-01-03
In short
Ireland applies 33% CGT to crypto gains, with no short/long-term distinction. Each person has an annual €1,270 exemption. Losses are deductible and can be carried forward.
Key points
- 33% CGT on capital gains
- €1,270 annual exemption per person
- No holding-period distinction
- Losses deductible (and carried forward)
- Payment: 15 Dec (Jan–Nov gains) / 31 Jan (December)
- File via Form CG1 or Form 11
- FIFO with the 4-week rule
Frequently asked questions
How much tax do you pay on crypto in Ireland?
33%. Ireland applies 33% CGT to crypto gains, with no short/long-term distinction. Each person has an annual €1,270 exemption. Losses are deductible and can be carried forward.
Is there an annual allowance on crypto gains in Ireland?
Yes: annual exemption €1,270.
Which method is used to match buys and sells?
It depends on the country: FIFO (the first unit bought is the first sold) in Portugal, Spain, Germany or Belgium; weighted average cost in France, Luxembourg or Brazil; LIFO in Italy; the Section 104 pool in the UK. ChainFolioAI applies the chosen country's method to your history (in some countries with a simplification, stated on this page) and exports the result.
Calculate on your own history
The rate is only half the problem. To file, you need to match each disposal to the right acquisition under the country's method (FIFO, average cost, LIFO…), convert to your currency at the date of each transaction, and separate short-term from long-term. ChainFolioAI does this from your transactions — connect wallets read-only or import a CSV from your exchange — and exports to PDF or Excel.
This country's method: FIFO with the 4-week rule. The second part of the rule is missing: when you buy back within 4 weeks after a sale at a loss, that loss only offsets gains on the repurchase, and the calculator offsets it normally. Confirm the figure to declare with an accountant.
Other countries
⚠️ General information, not tax advice. Rules change and your situation may have specifics (residency, professional activity, staking, mining). Confirm with an accountant or your tax authority before filing. ChainFolioAI is not an exchange or a crypto-asset service provider and does not report your data to any tax authority: reporting duties (DAC8, CARF) fall on exchanges. The reports you export are yours alone.