The Ministry of Taxes and Levies Inspectorate for Lepel District informs about the specifics of taxation of income of natural persons derived from cryptocurrency transactions.
For taxation purposes, income from token transactions includes any type of income, including that derived from mining, exchange of tokens for other tokens, alienation for Belarusian rubles, foreign currency, or electronic money.
However, the following income is not subject to taxation:
income from token transactions carried out through residents of the Hi-Tech Park (hereinafter referred to as HTP);
income from token transactions created by residents and (or) through HTP residents;
income from mining activities;
income from the exchange of tokens for other tokens, except for income received as part of illegal and (or) prohibited activities;
tokens received as inheritance;
tokens received as gifts from persons related by close kinship or affinity;
tokens received as gifts from other natural persons (not close relatives or persons related by affinity) in an amount that, together with other income received as gifts during a calendar year, does not exceed the limit established by paragraph 22 of Article 208 of the Tax Code (in 2025, this limit is 11,516 rubles).
Income from permitted token transactions received from foreign trading platforms, foreign organisations, foreign individual entrepreneurs, or other natural persons is subject to a tax rate of 13 percent.
Income from illegal and prohibited token transactions is subject to a tax rate of 26 percent.
More information is available on the official website of the Ministry of Taxes and Levies of the Republic of Belarus.
https://nalog.gov.by/clarifications/clarifications/32045/
https://nalog.gov.by/individuals/income_taxation/transactions_with_digital_signs/