5 Crypto Tax Mistakes Romanian Users Should Avoid

Crypto tax mistakes in Romania often start with assumptions that sound completely reasonable.

"I didn't withdraw the money."

"I lost money on other trades."

"My profit was small."

"I already know roughly how much I made."

Those assumptions can become a problem when they replace an actual transaction-level calculation.

Here are five areas Romanian crypto users should check carefully.

1. Looking only at bank withdrawals

One common mistake is assuming that nothing matters until money reaches a Romanian bank account.

But your transaction history can contain relevant disposals before any bank withdrawal happens.

For example, selling crypto for fiat on an exchange and keeping that fiat on the platform does not make the underlying transaction disappear.

The important thing is what happened to the asset, not simply where the cash eventually went.

2. Assuming losses automatically cancel gains

The current TCS guide notes an important peculiarity of Romanian crypto reporting: crypto losses are not entered as a separate deductible category in Declarația Unică and are not treated as a general offset against positive crypto gains in the way some users expect.

That means importing the complete transaction history matters.

Looking only at the final portfolio performance can produce a very different picture from calculating transactions under the Romanian reporting framework.

3. Misunderstanding the small-gain exemption

Romania has a specific small-gain exemption described in the current TCS guide.

The guide states that both conditions need to be met:

• the gain from each transaction is below 200 RON

• total gains for the year remain below 600 RON

The important word is both.

A yearly total below one threshold does not automatically mean every situation qualifies.

4. Keeping only the final number

Imagine your spreadsheet says:

Annual crypto gain: 24,850 RON

Where did that number come from?

Which transactions?

Which acquisition prices?

Which dates?

Which exchange rates?

If you cannot answer those questions, debugging the calculation becomes very difficult.

A better system keeps a path from the final result back to the individual transactions and the original source records.

5. Forgetting that income tax may not be the only calculation

Romanian crypto users may also need to consider CASS depending on the applicable income situation and thresholds.

The TCS guides treat CASS separately from the crypto income-tax calculation and explain it as a threshold-based health contribution rather than simply another percentage applied to every crypto gain.

This is one reason a quick calculation of "profit × tax rate" may not tell the whole story.

Good data prevents most problems

Most of these mistakes share the same underlying issue:

incomplete or misunderstood data.

Keeping complete records throughout the year makes the eventual Romanian tax calculation much easier to verify.

At The Crypto Support, that's exactly the problem we're trying to make simpler for Romanian crypto users.

Read the complete guide:

https://thecrypto.support/ghid/en/greseli-declarare-crypto

This article is educational and does not constitute personalized tax, legal or financial advice.