Puerto Rico Crypto Tax Calculator
Estimate capital gains tax on cryptocurrency profits in Puerto Rico.
Capital Gain/Loss
$15K
Tax Rate
15%
short-term
Tax Owed
$2K
Net Profit
$13K
Tax Treatment in Puerto Rico
Cryptocurrency in Puerto Rico is treated as property, similar to US federal treatment. Gains from crypto sales are subject to capital gains tax (15% long-term, up to 33% short-term). However, under Act 60 Individual Investor incentives, qualifying new Puerto Rico residents can receive a 100% exemption on capital gains realized after becoming bona fide PR residents. This has made Puerto Rico a popular destination for crypto investors. Gains accrued before relocating to PR are subject to a transitional 5% tax.
This calculator provides estimates for Puerto Rico. Actual crypto tax may vary depending on your specific circumstances, additional income, and applicable exemptions. Consult a tax professional.