6.6 Regulation 英国自2027年起递延DeFi借贷和流动性池的加密税，采用“无增益，无损失”原则，减轻用户即时税负。
英国政府宣布对加密资产借贷和流动性池交易的税收政策进行重大调整。自2027年4月6日起，个人和受托人在参与这些活动时，资本利得税将被递延，直到实际经济处置发生时才需缴纳，而不是在交易发生时征税。 这种“无增益，无损失”处理方式意味着，仅将加密资产转入借贷协议或流动性池不会立即触发纳税事件。该规则适用于用户收到与最初存入相同类型和数量加密资产的情形，只有在资产最终被出售、兑换或消费时才需纳税。 借入的资产按市场价值视为购入，抵押品在税务上不予考虑。该政策旨在使加密税收与传统金融原则保持一致，减轻DeFi用户的即时税负，并为英国加密投资者营造更有利的环境。若从流动性池中提取的资产数量与存入数量不同，差额部分仍可能产生应税收益或损失。
UK government defers capital gains on certain crypto with ‘no gain, no loss’ approach
United Kingdom set to abolish taxes on crypto loans and liquidity pool deposits
UK Ends Crypto Lending Tax Trap With New HMRC Rules Starting 2027
United Kingdom Removes Capital Gains Tax on DeFi Loans and Liquidity Pool Deposits
UK to defer Capital Gains Tax on qualifying crypto lending and liquidity pools from 2027
HMRC Moves to Treat Crypto Loans and Liquidity-Pool Disposals as ‘No Gain, No Loss’ for CGT
United Kingdom changes rules for cryptocurrencies and delays tax collection on DeFi loans
UK Adopts ‘No Gain, No Loss’ Tax Treatment for Crypto Lending and Liquidity Pools
UK to end capital gains tax for crypto loans and liquidity pools from April 2027
UK Unveils No-Gain, No-Loss Tax Rules For DeFi From 2027
UK defers crypto capital gains tax for loans, liquidity pools from 2027
