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![CryptoTaxSucks Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1583619044166729732.png) Crypto Tax Made Easy [@CryptoTaxSucks](/creator/twitter/CryptoTaxSucks) on x 15.3K followers
Created: 2025-07-19 01:37:23 UTC

Not necessarily. 

Australia doesn’t let you use any capital losses to offset income which is worse.

Neither does Canada.

Most Scandinavian countries only let you deduct a % of losses(like XX% lol) but tax you on XXX% of gains.

If you have a loss you can at least use it against interest income and general income in Sweden.

So it’s a mixed bag.


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**Related Topics**
[sweden](/topic/sweden)
[countries](/topic/countries)
[canada](/topic/canada)
[losses](/topic/losses)
[australia](/topic/australia)
[tax bracket](/topic/tax-bracket)
[crypto taxes](/topic/crypto-taxes)

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