Bitcoin Sold Without Austrian Tax Withheld: What to Do Next
You sold Bitcoin and the full amount landed in your account – with no 27.5 percent capital gains tax deducted. That does not automatically mean the sale was tax free. If no Austrian capital gains tax withholding agent was involved, Austrian taxpayers must generally report a taxable Bitcoin gain themselves through their income tax assessment. This applies in particular to sales through certain foreign crypto platforms, or to direct transactions with no Austrian withholding agent.