NFT Tax in Belgium - Summary of Contents Main Topic This Cryptotax knowledge article explains how NFT sales are taxed in Belgium. Key Tax Information Basic Rate NFT sales generate taxable capital gains when sold for more than the purchase price. The rate depends on your investor profile: 10% for normal management (above the €10.000 annual exemption), 33% for speculative trading, or up to 50% for professional activ...
NFT Tax in Belgium - Summary of Contents
Main Topic
This Cryptotax knowledge article explains how NFT sales are taxed in Belgium.
Key Tax Information
Basic Rate
NFT sales generate taxable capital gains when sold for more than the purchase price. The rate depends on your investor profile: 10% for normal management (above the €10.000 annual exemption), 33% for speculative trading, or up to 50% for professional activity.
Cost Basis Components
- Purchase price (in EUR at time of acquisition)
- Gas fees at purchase
- Minting costs
Which NFTs fall under the capital gains tax?
The capital gains tax act (approved on 3 April 2026) makes an important distinction: only NFTs with a payment or investment function fall under the 10% tax. Purely digital art and collectibles without a payment or investment function are excluded from the capital gains tax.
In practice: an NFT used as a means of payment or financial instrument (such as certain in-game assets with market value) does fall under the act. A digital artwork held purely as a collectible does not, although a later sale at a profit may still be classified as speculative (33%) or professional.
Special Circumstances
Self-Created NFTs (Minting)
Regular minting activity can be classified as professional income; occasional sales use standard capital gains rates.
Royalties
Creator royalties from resales are taxable income, with treatment depending on scale and frequency.
Received NFTs
NFTs received as staking rewards, airdrops or prizes are taxable at market value upon receipt.
Key Points
The article clarifies that losses are only deductible when NFTs are actually sold. Unrealised losses on held assets cannot be claimed. In addition, transactions using cryptocurrency to purchase NFTs generate two separate taxable events: gains on the crypto sale plus subsequent NFT gains. We work out a concrete example in our analysis of why an ENS domain purchase with ETH will be taxed as a capital gain from 2026.
Read Also
For a more detailed explanation per profile (collector, trader, creator) and valuation of airdrops without a market price, read our NFT tax in Belgium: complete guide for buyers, sellers and creators on the blog.
Note: This article is informational and not individual tax advice. Consult an accountant for your personal situation.
