Latvia
Taxed on profit-share as economic-activity (self-employment) income, not capital gains. The general regime applies ~25.5-33% PIT plus ~31% social; the simpler micro-enterprise tax charges a flat 25% of turnover bundling income tax and social.
Income from economic activity (self-employed) or micro-enterprise tax (MUN) - business income, not capital gains.
General regime: progressive PIT 25.5-33% on net profit (with a minimum tax). MUN: 25% of turnover up to EUR 25,000 (higher above), covering PIT + social.
General self-employed: state social contributions ~31% on a declared base (min wage EUR 740 in 2025) plus a 10% pension share; MUN bundles social into the 25%.
Register economic activity with VID; choose general (expenses deductible) or micro-enterprise tax; annual return, advance payments.
USDC is taxable economic-activity income in EUR at receipt; crypto disposals are separately taxable.