Portugal to start taxing crypto

in news •  2 years ago  (edited)

The nation that was considered a paradise for crypto investors with no taxes on cryptocurrencies and amazing weather has now made a U-turn.

The State Budget for 2023 made by the socialist party (that rules at the moment with absolute majority in the parliament), has now put a 28% tax on crypto assets traded in less than an year. Furthermore income taxes and property taxes will now be applicable to crypto in the country, leaving thousands of investors disheartened.
th (1).jpg

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
Loading...