Cryptocurrency News

Portugal to lose crypto tax haven status as state announces gains duties

05/17/2022

Less than a minute

2022.05.17 06:06

Portugal to lose crypto tax haven status as state announces gains duties

To the chagrin of many Golden Visa (NYSE:V) 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 start taxing crypto was seconded by Secretary of State for Tax Affairs António Mendonça Mendes on May 13 according to Sapo, a local news outlet.

05/17/2022

Less than a minute

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