Skatteetaten Crypto Tax – What You Need to Know

When dealing with Skatteetaten crypto tax, the set of rules the Norwegian Tax Administration applies to cryptocurrency transactions. Also known as Norwegian crypto tax, it covers how gains, losses, and airdrop earnings are reported and taxed. If you’ve bought, sold, or earned crypto, the tax office expects a clear picture of every trade.

Key aspects you’ll encounter

The tax framework works hand‑in‑hand with capital gains tax, a flat‑rate tax on net profit from crypto assets. In Norway, the rate sits at 22% for 2025, and it applies after you subtract allowable losses. That means every swap, sell‑to‑fiat, or conversion into another token creates a taxable event.

Another entity you’ll run into is tax reporting for airdrops, the process of declaring free tokens received from projects. The tax office treats most airdrops as ordinary income, valued at the market price on the day you receive them. Ignoring this step can trigger penalties, especially when airdrop tokens later become tradable.

To keep the numbers straight, you need solid exchange transaction records, detailed logs of every deposit, withdrawal, trade, and fee on each platform you use. Whether you trade on Cryptex, C3, or Bexplus, the records must show timestamps, amounts, and the Norwegian krone (NOK) value at each moment. Missing data makes it impossible to calculate your net gain.

When you’re calculating gains, you’ll apply the first‑in‑first‑out (FIFO) method unless you can prove a specific identification approach. FIFO assumes the oldest coins leave your wallet first, which often leads to higher taxable gains. Some traders switch to average cost basis, but the tax authority only accepts it if you consistently apply it across the whole year.

Don’t forget the role of Norwegian tax law, the legal backbone that defines thresholds, filing deadlines, and penalties. The law requires you to declare crypto activity on the same form you use for other capital income. The deadline aligns with the regular tax return date, typically April 30th for paper filings and May 31st for electronic submissions.

If you receive staking rewards or DeFi yield, those earnings are also taxable. They fall under the same category as airdrop income – ordinary income at the day's market value. Staking can generate a steady stream of taxable events, so tracking each distribution is crucial.

Many users wonder whether crypto mining counts as business income. In Norway, mining is treated as a commercial activity if you earn more than a few hundred NOK per year. That means you must register as a sole‑proprietor, keep detailed expense logs, and pay both income tax and social security contributions on net mining profit.

For those who hold crypto long‑term without trading, the tax impact can be minimal. If you simply keep a wallet untouched for the whole year, there’s no taxable event because no gain was realized. However, you still need to report the holding value if asked, especially when the tax office performs audits.

Finally, keep an eye on future changes. The EU’s MiCA regulations and Norway’s alignment with European standards could reshape reporting rules in the next couple of years. Staying updated now saves you from scrambling when new forms appear.

Below you’ll find a curated list of articles that dive deeper into each of these topics – from exchange reviews that highlight reporting challenges to airdrop guides that explain income classification. Use the insights to build a compliant crypto tax strategy and avoid costly mistakes.