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Portugal's finance minister calls for 28% tax on capital gains from cryptos

• RandomWorker 4y ago
  That doesn’t sound too bad. After that it’s free and clear.
  • harlequinn77 4y ago
  • toomuchtodo 4y ago
    Crypto fans were pushing Portugal because they had 0 tax on crypto. Still not bad, but >0 for those who optimized for that.
• mustafabisic1 4y ago
  Portugal's making moves - https://www.cnbc.com/2022/10/10/work-from-a-european-beach-with-portugals-new-digital-nomad-visa.html https://www.cnbc.com/2022/10/10/work-from-a-european-beach-w... P.S. Working on a weekly newsletter for remote working parents. https://thursdaydigest.com/ https://thursdaydigest.com/ I know, I know. Bear with me, I'm trying to get myself out there. <3
• r00fus 4y ago
  Good. It's not like crypto is creating any local jobs compared to the tax it's avoiding.
  • prottog 4y ago
    I prefer to ask why the state is entitled to more taxation, rather than asking why its citizens are entitled to keep more.
    • exabrial 4y ago
      Precisely. Why offload it to be wasted on expensive meals for bureaucrats conducting meetings at exotic vacation locations
• stjohnswarts 4y ago
  Seems like with all the damage it causes it would be more like 50%
• Proven 4y ago
• vegai_ 4y ago
  >Fernando Medina, Portugal's finance minister, has recently submitted a budget draft proposal to parliament calling for a 28% tax on capital gains from cryptocurrencies such as bitcoin (BTC-USD) held for less than a year. That's a much much better deal than what you would get in many other countries. Sometimes I wonder why I don't live in Portugal, but I'm sure it's not all roses.