Facts

When is income from crypto lending recognised for business assets?

As business income at the time it arrives, valued at the market rate; during the year the crediting to the wallet may count as arrival, and the end of the financial year counts at the latest.

Source: BMF letter of 06.03.2025 (IV C 1 - S 2256/00042/064/043), margin number 64, referring to margin numbers 43, 48a and 91.

Context

In the letter, lending is handing crypto-assets over for use against a payment (Rz. 26). It describes decentralised finance (Rz. 20a) but does not say whether a deposit into a lending contract is such a handing-over or an exchange, nor when income growing inside the contract counts as arrived. That remains a question for the tax firm.

What the letter settles, and what it does not

Related facts

Checked against the source named above on 21/10/2026. We publish only statements traceable to a statute, an official journal, a BMF or BZSt publication, or to one of our own disclosed datasets. This page states the legal position and is not legal or tax advice.

Part of the same picture

Crypto bookkeepingBooks into DATEV, SKR03/04RulebookEvery booking rule with its paragraph and an SKR03 example postingEvidence chainInvoice, transaction and booking provably bound togetherWhich exchange rate applies when valuing crypto-assets in the books?BMF letter of 06.03.2025, margin number 43Booking a USDC payment in DATEVStep by step, SKR03/SKR04