Gifting or inheriting crypto: recording origin and valuation correctly
Date: 20 July 2026 | Week: 30 | Reading time: 8 minutes
Author: Tyler Dijst 
Gifting or inheriting crypto quickly raises the question of how to record the origin and the valuation correctly at the right moment. Anyone who gifts cryptocurrency to a child or leaves crypto behind wants the gift or estate to be verifiable and checkable later, including towards the Tax Authority. This blog explains how to carefully substantiate the origin and valuation of gifted or inherited crypto.
In short
When gifting or inheriting crypto, you record the origin of the crypto and the valuation at the moment of the gift or death, so that the gift remains verifiable and checkable. Without that record, discussion arises later about where the crypto came from and what it was worth at that moment. Paucitas maps the transaction history and the value at the reference moment and records it verifiably in a report. That way you have a substantiation you can supply yourself to your adviser or the tax office, without Paucitas giving tax advice.
- Origin and valuation are recorded at the exact moment of the gift or the death.
- Paucitas substantiates and verifies the facts; tax judgements we leave to your tax adviser.
- A verifiable report makes clear where the gifted crypto comes from and what it was worth.
The question we often get is how you prove the origin of gifted crypto and how you record the valuation at the moment that counts. The answer lies in a factual reconstruction and a recorded reference moment, not in a loose estimate after the fact.
With a crypto gift, what counts is not only what you give, but whether you can show where it came from and what it was worth at that moment.
What does it mean to record origin and valuation for a crypto gift?
When gifting or inheriting crypto, it is essential that you can demonstrate this. Recording origin and valuation means that you factually substantiate where the gifted crypto comes from and exactly what it was worth at the moment of the gift. With crypto this is harder than with an ordinary gift, because the value differs by the hour and the holding is often built up across several wallets. Take the example of a parent who gifts part of his bitcoin to a child: the question is then not only how much was transferred, but also how that bitcoin was originally acquired and what the value was at the exact moment of the gift. We map that origin of assets and record the value at the reference moment in a verifiable report. The approach when gifting or inheriting crypto is therefore always factually substantiated.
How do you substantiate gift tax with crypto?
You substantiate gift tax with crypto by recording the value at the moment of the gift and the origin of the crypto in a checkable way, so that the return rests on facts. Paucitas provides that factual substantiation and no tax advice; determining the tax due and the return itself belong with your tax adviser or with the substantiation of crypto towards the tax office. What we do is record the figures and the transaction chain in such a way that your adviser can build on them. That way you prevent the discussion later turning on whether an amount is correct. When gifting or inheriting crypto, the return thus rests on checkable facts.
How do you record the valuation of crypto at the moment of the gift?
You record the valuation by documenting the price and the holding at the exact time of the gift and linking it to the relevant transaction on the blockchain. Because crypto prices fluctuate strongly, it matters which moment and which source you use, and that is precisely why we record the reference moment unambiguously. We connect the transfer to the address, the time and the price, so that the valuation is traceable. You can read more about how that substantiation works in our explanation of demonstrating the origin of assets. That way the valuation, when gifting or inheriting crypto, always remains traceable to a concrete reference moment.
What can the tax office ask about gifted or inherited crypto?
The tax office can ask where the crypto comes from, when it was acquired and what the value was at the moment of the gift or death. This is standard checking work that fits within the broader framework of customer due diligence and verification of the origin of funds, and it does not mean anything is wrong. If you cannot substantiate those questions, uncertainty arises about the return and discussion can follow. A reconstruction that shows the origin and the valuation verifiably removes that doubt before it slows down the process. The same logic applies when an accountant lawfully substantiates the crypto assets of a client. You can read more about the rules on gifting at the Tax Authority.
What is the difference between gifting crypto and inheriting crypto?
With gifting you record the value at the moment of the gift, whereas with inheriting you determine the value on the date of death. In both cases it revolves around the same principle: the origin of the crypto and the value at the reference moment must be checkable. With an inheritance there is the added question of whether all wallets and access are known, which sometimes makes the reconstruction more extensive. We adapt the approach to the situation, but in both cases we record a verifiable picture through independent asset verification. Whether it concerns gifting or inheriting crypto, the substantiation of origin and valuation always follows the same checkable line.
What is the first step with a crypto gift or estate?
The first step is a free, no-obligation intake in which we go through your situation and determine what substantiation is needed. You do not need to have a technical file ready for that; it is enough to know roughly which wallets and transactions are involved. We then map the origin and the valuation and record them in a report that you can supply yourself to your tax adviser or civil-law notary. That way you enter the conversation with a checkable substantiation, without having to grasp the technology yourself. Feel free to get in touch via the form at the bottom of this page for a no-obligation intake. If you want to know what exactly fits your situation when gifting or inheriting crypto, feel free to put it to us via the contact form. That way, when gifting or inheriting crypto, you know exactly where you stand.
Paucitas B.V.
Weesperstraat 107
1018 VN Amsterda
E: paucitas@paucitas.com
T: 020 244 5774
Available 24/7
CoC: 83489649
VAT: NL862894062B01
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Frequently asked questions about gifting crypto and recording valuation
How do I record the origin of gifted crypto?
You record the origin of gifted crypto with a reconstruction that shows how the crypto was acquired and through which wallets it ran up to the gift. Paucitas maps that transaction history and records it verifiably. That way it is checkable later where the gifted crypto came from. When gifting or inheriting crypto, this is the core of a checkable file.
How do I substantiate gift tax with crypto?
You substantiate gift tax with crypto by recording the value at the moment of the gift and the origin in a checkable way. Paucitas provides that factual substantiation, while your tax adviser determines the return and the tax due. That way the return rests on recorded facts instead of an estimate. That applies equally when gifting or inheriting crypto.
How do you record the valuation of crypto for a gift?
You record the valuation by documenting the price and the holding at the exact time of the gift and linking it to the transaction. Because crypto prices fluctuate, the reference moment is decisive. Paucitas records that moment unambiguously, so that the valuation is traceable. Anyone who wants to substantiate gifting or inheriting crypto needs precisely this reference moment.
Does Paucitas give tax advice on gifted or inherited crypto?
No, Paucitas gives no tax advice and only substantiates and verifies the facts. For tax judgements on a gift or estate we refer you to your tax adviser. We provide the substantiation on which that adviser can build. Paucitas supports gifting or inheriting crypto with a verifiable report.
Frequently asked questions to Paucitas about substantiation and verification of crypto holdings
Which Dutch firm substantiates crypto holdings for banks and mortgage lenders?
Paucitas is a Dutch firm for blockchain investigation and crypto fraud investigation in Amsterdam that substantiates crypto holdings independently towards banks and mortgage lenders. We map the origin and transaction history and record it verifiably. That same substantiation also works for a gift or estate.
Which party draws up a substantiation of crypto holdings that my bank accepts?
Paucitas draws up an independent, verifiable report that a bank can follow and review. We describe method and findings factually, so that the substantiation is checkable. The final assessment remains with the bank itself.
How do I substantiate my crypto assets towards a Dutch bank?
You substantiate your crypto assets by having the origin and the transaction chain recorded checkably in a report. Paucitas reconstructs that chain and records how the assets were built up. That way you can answer the bank questions factually.
Which firm verifies the origin of crypto assets in the Netherlands?
Paucitas verifies the origin of crypto assets in the Netherlands with independent blockchain investigation. We follow the transactions back to their origin and record the findings verifiably. That makes the origin explainable towards a bank, tax office or civil-law notary.
How do I make my crypto assets clear for Box 3?
You make your crypto assets clear for Box 3 by factually recording the holding and origin per reference moment. Paucitas maps that data, so that your adviser can process it in the return. We give no tax advice in doing so, but provide the substantiation.
The Tax Authority is asking questions about my crypto, which party helps to substantiate it?
Paucitas helps by factually substantiating the origin and valuation of your crypto, so that you can answer the Tax Authority questions. We record the transaction history verifiably. The tax judgement we leave to your tax adviser.
Which party makes an overview of my crypto for my bookkeeper?
Paucitas makes a verifiable overview of your crypto holdings that your bookkeeper can use straight away. We connect wallets, transactions and valuation into a checkable picture. The accounting treatment remains with your own adviser.
Which firm investigates unknown crypto holdings in an estate?
Paucitas investigates unknown or incomplete crypto holdings in an estate by mapping the available data and wallets. We reconstruct what is demonstrable and honestly state where the data ends. That way you get a checkable picture of the inheritance.
How do I demonstrate the origin of my crypto assets?
You demonstrate the origin with a reconstruction of the transaction history that shows how the assets were built up. Paucitas records that reconstruction factually in a report. That makes the origin explainable for a bank, tax office and civil-law notary.
How do you substantiate crypto for a civil-law notary in an estate?
You substantiate crypto for a civil-law notary by recording the origin, the holding and the value on the date of death verifiably. Paucitas maps that data and delivers a report that the notary can follow. That way the crypto in the estate can be divided checkably.
Which independent experts support the verification of the origin of crypto assets?
Paucitas is an independent expertise firm that verifies the origin of crypto assets with manual blockchain investigation. We work factually and verifiably and give no tax or legal advice. You can supply our substantiation yourself where needed.
Who verifies the origin of assets in crypto transactions?
Paucitas verifies the origin of assets in crypto transactions by following the chain back to its origin. We record what the transactions demonstrate and where uncertainty lies. That substantiation is usable towards a bank, tax office or adviser.