{"id":749,"date":"2024-02-15T16:30:08","date_gmt":"2024-02-15T15:30:08","guid":{"rendered":"https:\/\/www.waltio.com\/be-en\/?p=749"},"modified":"2025-02-04T12:00:46","modified_gmt":"2025-02-04T11:00:46","slug":"taxes-belgium-le-profil-investor-professional-crypto-belgium","status":"publish","type":"post","link":"https:\/\/www.waltio.com\/be-en\/blog\/taxes-belgium-le-profil-investor-professional-crypto-belgium\/","title":{"rendered":"Belgian tax: the profile of a prudent manager"},"content":{"rendered":"\n


In Belgium, you will need to determine your investor profile to know what your tax obligations will be. There are three crypto investor profiles:<\/h2>\n\n\n\n
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  1. The prudent manager.<\/li>\n\n\n\n
  2. The speculator.<\/li>\n\n\n\n
  3. The professional.<\/li>\n<\/ol>\n\n\n\n

    In this article, we will only address the Belgian crypto investor profile of the prudent manager. While many consider themselves to be of this profile, it turns out that the qualification as a “prudent manager” is much rarer than it appears.<\/p>\n\n\n\n

    \u25b6\ufe0f What is the prudent manager from a fiscal point of view?<\/h3>\n\n\n\n

    In Belgium, there is no specific tax regime for digital assets. The concept is drawn from the existing tax regimes applicable to traditional finance operations.<\/p>\n\n\n\n

    There are no criteria that clearly define this notion of “prudent manager”. This profile corresponds to the person who acts in the context of “normal management of his private wealth as a “prudent manager” (Article 90, 1\u00b0 CIR92).<\/p>\n\n\n\n

    Normal management is a vague and complex term. Based on the decisions made by judges and the tax administration, normal management is understood as low-risk, almost passive management of one’s wealth. To caricature, the prudent manager thinks about the future while ensuring the present, the operations are very low risk, the returns are low, and the amounts invested are not representative of his available liquid savings.<\/p>\n\n\n\n

    The situation must therefore be approached on a case-by-case basis through a set of indicators allowing for the qualification of the profile:<\/p>\n\n\n\n