“Portugal currently does not tax crypto gains unless they come from professional or business activities,” Bloomberg writes. But under the proposed 2023 budget, the country “would tax gains on crypto
Party pooper! But yeah, looks like the party that is crypto-living in Portugal could be coming to an end
The country’s 20% income tax rate under the Non-Habitual Resident regime is a big draw…READ MORE
Portugal is, after all, considered a tax haven for crypto adherents because capital gains on it are not subject to tax in the country…READ MORE Related: Portugal’s Madeira is adopting
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