The Portuguese government will introduce a 28% tax on all earnings generated from crypto held for less than a year in its 2023 budget. The announcement stated: “[The new tax] is intended to create a b...
Tag: Portugal
Portugal Plans to Levy Tax Up to 28% on Crypto Gain
Europe’s most crypto-friendly nation is planning to levy taxes on digital-currency gains for purchases held for less than a year. The move is a major policy shift as Portugal currently does not ...
Portugal Looking to Tax Short-Term Crypto Gains From Next Year: Report
Portugal’s policy shift from no crypto taxes to one where levies are charged on cryptocurrencies is set to enter another chapter as policymakers eye short-term crypto asset owners. The government is p...
Portugal Moves Closer to Taxing Individuals on Short-term Crypto Gains
Portugal’s days of tax-free crypto gains may soon be over In its budget proposal for next year, the country is tackling a rising deficit and slowing GDP growth Portugal has long exempted individuals f...
Spain-Portugal World Cup 2030 Bid Adds Ukraine As Running Mate In Search For Winning Ticket
General view at Olympiyskiy Stadium on November 10, 2011 in Kyiv, Ukraine. (Photo by Joern … [+] Pollex/Bongarts/Getty Images) Bongarts/Getty Images Spain and Portugal this week added Ukraine to...
Ukraine joins Spain and Portugal’s joint bid to host 2030 World Cup
Soccer Football – Carabao Cup Final – Chelsea v Liverpool – Wembley Stadium, London, Britain – February 27, 2022 Liverpool fan with the big screen in the background in support ...
‘Bitcoin Beach’ in Portugal: Crypto Optimism Still Rules
Join Our Telegram channel to stay up to date on breaking news coverage The gathering takes place at the Bam Bam Beach Bitcoin bar, which is located on an empty beach in southwest Portugal. You pass a ...
Best Countries For Americans To Live And Work In As Digital Nomads
View of woman working on her laptop from a camping spot, Croatia. Digital nomad lifestyle getty The digital nomad movement is accelerating. Indeed, the number of people seeking a digital nomad lifesty...
World of Web3 Summit Hosts Its 3rd Global Edition in Lisbon, Portugal, on November 1-3, 2022
After the successful edition in Dubai, World of Web3 (WOW) Summit heads to Portugal, bringing the best industry experts from across the globe. World of Web3 Summit is moving around the planet fast, g...
Crypto Loves Portugal — But How Long Will It Last?
Portugal is looking to bring its crypto tax policies in line with other European countries The move, if too heavy-handed, could threaten the country’s status as a crypto hub Portugal has evolved into ...
How much does it cost to travel full time? Here’s what one couple pays
Ernestas Tyminas felt “stuck” in his role as a marketing manager at a newspaper in Colorado Springs, Colorado. So he requested two months off to backpack through Asia, he said, landing in ...
Dozen Crypto Companies Await Portugal License Despite Bank Account Closures – Bitcoin News
The central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that so...
Is Portugal Changing Its Crypto-Friendly Climate?
5 hours ago | 2 mins read Exchange News Major banks in Portugal closed the crypto exchange, CriptoLoja’s account. The Portugal government recently announced its plans to tax crypto income. According t...
Banks in Portugal are Closing Accounts of Cryptocurrency Exchanges – Coinpedia – Fintech & Cryptocurreny News Media
In Portugal, a crypto-friendly country, some of the top banks have closed accounts of cryptocurrency exchanges operating within the country. Last week, the account of a Lisbon-based crypto trading pl...
Europe’s energy giants explore potential of floating solar
This illustration shows how SolarDuck’s technology could be deployed at sea. SolarDuck German energy firm RWE is to invest in a pilot project centered around the deployment of floating solar tec...
Longevity And Aging Should Be Part Of Every Companies’ People Strategy Says Organizational Expert
A longevity economy impacts more than just businesses wanting to understand better the needs of … [+] their customers. It also impacts people on a personally level who must plan ahead for a long...
Portugal Congress Party Disapproves The New Bill About Taxing Cryptocurrencies
The European country’s Parliament, the Assembleia da Republica, declined two bills levying cryptocurrencies. Portugal’s Finance Minister on Taxing Cryptocurrency Earlier this month, on May 13th, the c...
Portugal a crypto tax-free nation, again – At least for now
A proposal to tax Bitcoin and other cryptocurrencies was rejected by Portugal’s parliament today. Left-wing parties Bloco de Esquerda and Livre advocated taxing digital assets during a Wednesday eveni...
Portugal Set To Prepare Crypto Tax Rules Contrary To Crypto Tax Haven Perceptions ⋆ ZyCrypto
Advertisement     The rise in crypto adoption has brought taxation, sometimes even before the government forms clear rules to protect users in the space. Long regarded...
Portugal to lose crypto tax haven status
The small Iberian nation is set to reverse a long-standing tax law Investors will now have to pay taxes on crypto gains The move to start taxing crypto was seconded by Secretary of State for Tax Affai...
Portugal Considering Crypto Tax – Crypto Daily™
The tax-free crypto haven in Europe might be adopting a completely different approach with the crypto gains tax. Finance Minister Announces Crypto Gains Tax The crypto community can not seem to be ca...
Portugal considering capital gains tax for cryptocurrency
Portugal’s days as a tax-free haven for crypto investors may be coming to an end. That’s according to Portuguese news outlet ECO, which reported last week that the government is planning to brin...
Portugal Stance On Taxes – Crypto Haven No More?
Portugal is a crypto tax haven since 2018 but not for long. The country used to have a hands-off policy on crypto exchanges, sale, and trading but has now maneuvered in the opposite direction by decid...
Portugal Imposes Taxes on the Exchange of cryptocurrencies
One of the Crypto tax-free countries, Portugal was called a crypto heaven country due to its absence of crypto-related taxation on any earnings reported on crypto transactions. Portugal is now plannin...
New crypto income tax in Portugal?
Portugal has announced that the government is considering imposing a tax on crypto income. Portugal: new taxation on crypto income? Portugal, until now considered one of the European countries most o...
Portugal announces plan to start taxing cryptocurrency gains
Cryptocurrency investments have picked around worldwide, and governments are looking for ways to derive revenues from the sector. Once considered a crypto tax haven, Portugal has now announced plans t...
Crypto Will Start Being Taxed in Portugal, Finance Minister Confirms – crypto.news
A recent report has unveiled Portugal Finance minister’s order, which states that all crypto assets holders will face taxes, after years of the country being considered an offshore for crypto. The sec...
Portugal to lose crypto tax haven status as state announces gains duties
To the chagrin of many Golden Visa seekers, Portuguese Finance Minister Fernando Medina has confirmed that his country will begin taxing cryptocurrency but has not committed to a date. The move to sta...
Portugal to Tax Cryptocurrency Income According to Minister of Finance – News Bitcoin News
Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated...
Portugal to Impose Taxes on Cryptocurrencies
Portugal’s government has announced plans to tax crypto income. Fernando Medina, Portugal’s new finance minister, announced in the parliament on Friday that crypto coins will be subject to taxa...
Portugal unveils capital gains tax on crypto 1
Portugal has announced that it will levy capital gains tax on digital assets in the coming months. According to a statement by the country’s finance minister, the move is presently in progress, althou...
Portugal to Begin Taxing Cryptocurrencies, says Finance Minister
Portugal’s Finance Minister Fernando Medina has confirmed plans to apply capital gains taxes on cryptocurrency profits. Though he has not committed to a specific date, he stressed that there can no lo...