Profitability coefficient for token transactions set for 2026

In 2026, the profitability coefficient for token transactions has been reduced. By Resolution of the Ministry of Taxes and Duties dated 18 February 2026 No. 8, the indicator has been set at 0.0367 (for comparison: in 2025 — 0.0570).

In what cases is the profitability coefficient applied?

The coefficient applies to token transactions that are recognised as illegal. In particular, individuals are prohibited from:

• acquiring and disposing of tokens for fiat funds (Belarusian roubles, foreign currency, electronic money) outside HTP residents, including via foreign crypto platforms, if at the time of sale the person is located in Belarus or uses an account with a Belarusian bank;
• carrying out token transactions as intermediaries, since such activity may be classified as illegal entrepreneurial activity.

Liability for illegal transactions

For illegal token transactions, administrative liability is предусмотрена under Part 3 of Article 13.3 of the Code of Administrative Offences — a fine from 20 to 50 basic units, with possible confiscation of up to 100% of the income.

If the confiscation affected not all of the income or was not applied at all, the tax base for such transactions is determined as follows:

• tax base = income from token transactions (without taking into account the costs of their acquisition), as stated in the decision in the administrative offence case × the profitability coefficient.

The 26% personal income tax rate is applied to the resulting tax base, after which the final amount of tax payable is determined.

If you require assistance in assessing risks and calculating the tax consequences, REVERA’s lawyers are ready to provide professional support.

Authors: Katsiaryna Sushko, Ihar Razduyeu.