Swedish crypto tax platform Divly's recent report has shown that only 0.53% of global investors reported their crypto assets for tax purposes in 2022.
In Finland, 4.09% of crypto investors paid taxes on their digital assets, the highest percentage worldwide.
- Divly's
Global Cryptocurrency Taxation Report 2022 analyzed official government
figures, the number of people who reported their crypto assets in their
tax returns to the local tax authorities, and the search volume for
keywords related to crypto taxes.
- In
the top five, Finland was respectively followed by Australia with
3.65%, Austria with 2.75%, Germany with 2.63%, and the U.K. with 2.61%.
- The U.S. sat 10th out of 24 countries, with a 1.62% tax compliance rate.
- The report also underlined that the U.S. has the most crypto taxpayers.
- The Philippines had the lowest crypto payment rate last year, with only 0.03%.
- In terms of continents, North America had a 1.62% tax compliance rate, while Asia brought up the rear with 0.20%.
