DAC8 · Vero
CARF and DAC8 reporting in Finland
Finland applies CARF through DAC8 and reports to the Finnish Tax Administration (Vero). Finland asks for a bit more than the EU minimum: extra detail on domestic gains and losses. A report built only to the DAC8 baseline meets the EU rule but misses the Finnish one. Kryptos covers both.
AT A GLANCE
Vero
Authority
2027
First reporting
DAC8
Rules
Domestic gains and losses
Extra
More than the DAC8 minimum
DAC8 sets a common floor, but member states can ask for more, and Finland does: extra domestic gain and loss detail beyond what the baseline exchange carries. A build scoped only to the DAC8 minimum meets the EU obligation and misses the Finnish one.
The extra data is a cost-basis job
Reporting gains and losses, rather than just proceeds, means working out cost basis correctly per asset in the right currency. That is the same reconciliation Kryptos already runs for the report, so the Finnish extra is a view of data you already have, not a second build.
You report once for the EU
You register in one member state and report there for your EU-resident users, and that state exchanges the data onward. A provider based in Finland reports to Vero, once, with the domestic detail Finland asks for included.
The dates that matter
First reporting lands in 2027, covering data collected through 2026. Finland applies the DAC8 penalties through national law, so the domestic gain and loss detail needs to be part of your data from the start, not added at the end.
ONE PLATFORM
How Kryptos handles it
It runs on one system. You send your own transaction and account data, Kryptos collects self-certifications and checks tax IDs at onboarding, works out gains on the right basis, and builds the exact file the authority accepts, checked against the schema before you submit.
FAQ
Common questions
Does Finland require more than DAC8 for crypto reporting?
Yes. Finland implements DAC8 but also asks for extra domestic gain and loss data beyond the EU baseline. A report scoped only to the DAC8 minimum does not satisfy the Finnish requirement.
Who receives crypto reports in Finland?
The Finnish Tax Administration (Vero). It receives DAC8 crypto-asset reports and exchanges them with other EU member states and CARF partners.
Is the extra Finnish data a separate system?
No. Reporting gains and losses uses the same cost-basis work Kryptos already does for the report, so the Finnish detail comes from data you already have.
MORE ON CARF
Guides and analysis
READY FOR 2027
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