Sri Lanka Crypto Tax Guide
Complete guide to cryptocurrency taxation in Sri Lanka. Updated for 2026 with the latest Inland Revenue Department (IRD) requirements.
Sri Lanka Crypto Tax Rules
How cryptocurrency is taxed by the Inland Revenue Department (IRD)
Crypto gains taxed as capital gains at 10% rate
Mining and staking rewards taxed as ordinary income
Crypto-to-crypto trades are taxable events
First 50,000 LKR of capital gains exempt annually
Central Bank of Sri Lanka has cautioned against crypto
No specific cryptocurrency legislation but covered by existing tax laws
Why Use Crypto Tax Software
How the Best Platforms Help Sri Lanka Investors
Tailored features that make Sri Lanka crypto tax reporting effortless
Inland Revenue Department (IRD)-Ready Reports
Generate tax reports that comply with Sri Lanka's specific requirements. No manual calculations or guesswork needed.
Automatic Transaction Import
Connect your wallets and exchanges once. The platform imports and categorizes all your LKR trades automatically.
Audit-Proof Records
Maintain detailed transaction history and reports that satisfy Inland Revenue Department (IRD) requirements in case of any inquiries.
Tax Optimization Tools
Identify tax-loss harvesting opportunities and choose accounting methods that legally minimize your Sri Lanka tax burden.
Compare Crypto Tax Platforms for Sri Lanka
Find the best software for your Sri Lanka crypto tax needs
| Platform | Rating | DeFi/Perps | Lending | Enterprise | Wallets | Time | Price | Action |
|---|---|---|---|---|---|---|---|---|
| Awaken Tax Recommended | ✓ | ✓ | ✓ | Unlimited | <1 hr | From $69 | Try Free | |
| Koinly | ✓ | ✓ | ✕ | Unlimited | 1-2 hrs | From $49 | Visit Site | |
| CoinTracker | ~ | ✓ | ✓ | Unlimited | 1-2 hrs | From $59 | Visit Site | |
| CoinLedger | ~ | ✓ | ✕ | Unlimited | 1-2 hrs | From $49 | Visit Site | |
| TokenTax | ✓ | ✓ | ✓ | Unlimited | 2-3 hrs | From $65 | Visit Site | |
| BlockPit | ~ | ✓ | ✓ | Unlimited | 1-2 hrs | From €49 | Visit Site |
Important Tax Deadlines
Key dates for Sri Lanka crypto tax filing
Required Forms
What to Look for in Sri Lanka Crypto Tax Software
Key features that make crypto tax reporting easier for Sri Lanka investors
Full Sri Lanka tax support with LKR calculations
Automatic 10% capital gains tax computation
Tax-exempt threshold tracking
Support for international exchanges
IRD-compliant documentation export
Mining and staking income categorization
Calculate your taxes with our free tools
Our Top Recommendation
Why Awaken Tax for Sri Lanka Investors
The features that make Awaken stand out for Sri Lanka crypto tax reporting
Portfolio Tracking
Track your portfolio balance in real-time with automatic coin detection across all connected wallets and exchanges.
AI Transaction Tagging
Smart AI automatically categorizes your transactions. No more manual labeling of airdrops, swaps, or rewards.
Real Human Support
Actual crypto tax experts who understand your complex on-chain activity, not chatbots.
Inland Revenue Department (IRD) Compliant
Generate reports that meet Sri Lanka's specific tax requirements with complete confidence.
Ready to file your Sri Lanka crypto taxes?
We've done the research so you don't have to. Compare platforms and find the best fit for your Sri Lanka tax reporting needs.
Track Your TaxesFrequently Asked Questions
Common questions about crypto taxes in Sri Lanka
Do I have to pay taxes on crypto in Sri Lanka?
Yes, cryptocurrency is generally taxable in Sri Lanka. The Inland Revenue Department (IRD) considers crypto transactions as taxable events, including selling, trading, and in some cases, receiving crypto as income from mining or staking.
What is the crypto tax rate in Sri Lanka?
Tax rates vary based on your income level and how long you held the crypto. Crypto gains taxed as capital gains at 10% rate Check the tax rules section above for specific rates.
When is the crypto tax deadline in Sri Lanka?
The main tax filing deadline in Sri Lanka is November 30 - Annual income tax filing deadline. There may also be other important dates such as November 30 for Corporate tax filing deadline.
What is the best crypto tax software for Sri Lanka?
Awaken Tax offers full support for Sri Lanka crypto tax reporting, with automatic calculations and Inland Revenue Department (IRD)-compliant reports. Start free with up to 100 transactions.
Is crypto-to-crypto trading taxable in Sri Lanka?
In most cases, yes. Trading one cryptocurrency for another is typically considered a taxable event in Sri Lanka. Each trade may trigger a capital gain or loss that needs to be reported to the Inland Revenue Department (IRD).