Norway Crypto Tax Calculator 2026 (Kryptoskatt)

Norway does not have a special tax for crypto. Skatteetaten (the Norwegian Tax Administration) treats crypto as an asset, and any income from it is capital income taxed at 22.0% in 2026. A gain arises when you sell, swap for another coin or spend crypto; a loss is deductible. Mining and staking income is taxed when you receive it. In addition, what you own on 1 January counts towards wealth tax (formuesskatt). This calculator adds up your sales and swaps, your mining and staking income and your year-start holdings.

What counts as a taxable event

How the gain is worked out

The gain or loss is the output value minus the input value, both in NOK on the transaction date. The input value is what you paid plus fees (for a swap, the NOK value of the asset you paid with; for mining, the market value when mined). The output value is what you received minus fees. Crypto is not covered by the shareholder model, so there is no uplift factor and no tax-free allowance (skjermingsfradrag). The table compares tax on the same gain as crypto and as an ordinary share held outside a share savings account:

The share column ignores any tax-free allowance, so it shows the highest tax. Read the share sale tax calculator for shares and funds.

Worked example: bitcoin swapped for ethereum

• You bought 0.1 BTC when the price was NOK 600,000 per BTC: cost price NOK 60,000.
• You swapped them for ETH when BTC stood at NOK 950,000: value received NOK 95,000.
• Fees for buying and swapping: NOK 350.
• Gain: NOK 95,000 - NOK 60,000 - NOK 350 = NOK 34,650.
• Tax: 22.0% x NOK 34,650 = NOK 7,623, although you never took any NOK out. Your cost price for the new ETH is NOK 95,000.

A sale at a loss works the other way: a coin bought for NOK 30,000 and sold for NOK 12,000 is a loss of NOK 18,000, which lowers your tax by NOK 3,960. Mining and staking income of NOK 40,000 with NOK 10,000 of costs gives a taxable net amount of NOK 30,000 and tax of NOK 6,600.

Choosing which units you sold (no FIFO)

Say you bought one BTC for NOK 300,000 and another for NOK 800,000, then sold one for NOK 900,000. If your records show the first was sold, the gain is NOK 600,000; if they show the second, it is NOK 100,000. Skatteetaten does not require first-in, first-out, but the unit must really be the one that was sold and you must be able to show it. Many exchange reports use FIFO by default, so check that the report follows Norwegian rules before you copy figures from it.

Wealth tax on your holdings

Wealth tax is based on what you own on 1 January. Skatteetaten publishes NOK rates for the most common coins for each year. The rates for 1 January 2026 (used in the tax return for income year 2025) were NOK 881,206.06 per BTC and NOK 29,877.69 per ETH:

The value on 1 January 2027 goes into the return for income year 2026, when the threshold for a single person is NOK 1,900,000. Skatteetaten had not published rates for 1 January 2027 when this page was updated, so use the price on that date from your exchange in the meantime. The wealth tax calculator shows what your total wealth means for tax.

Reporting and paying

The income year is the calendar year: gains, losses and income are counted from 1 January to 31 December, and you file the tax return after the year ends. Each gain or loss is worked out on the date of the transaction.

You declare crypto yourself, in the card “Virtual assets / cryptocurrency” in your tax return (skattemelding), either one card per asset or one summary card with an attachment. Enter total gains, losses, mining income and costs, and your holdings on 1 January. You need not send documents, but you must keep them. Tax on crypto gains is not withheld during the year, so it arrives as extra tax in the tax settlement. There is normally no interest if you pay the extra tax by 31 May the following year. You can amend a return up to three years back, and Skatteetaten says that people who correct their return before a check can avoid a surcharge.

If you have just moved to Norway

• Once you are tax resident, crypto on foreign exchanges and in wallets abroad is taxable and reportable in Norway. Use the tax residency calculator to see when that happens.
• Keep the original purchase records for coins bought before the move. Skatteetaten's crypto guidance does not describe a step-up in value at the move, so ask them how your cost price is treated.
• If another country also taxes the same gain, see Skatteetaten's information on double taxation, and ask the tax authority in that country about its own rules.
• Crypto exchange-traded products are financial instruments, not virtual assets: they go in a different card in the return. For the effect of your crypto on the rest of your tax, see the income tax calculator.

What this calculator does not cover

It does not cover crypto trading as a business, the personal income tax and national insurance contributions that apply if mining is a business, depreciation of mining equipment, DeFi, lending and borrowing, NFTs, derivatives, lost or burned tokens, losses from fraud or from an exchange going bankrupt, or gifts. It uses the ordinary 22.0% rate and not the lower rate in northern Norway. It also does not decide what your total wealth tax is, and it does not work for people who are not tax resident in Norway. Look up every rule that applies to you at Skatteetaten before you file.