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

May 18, 2022May 18, 2022 by Mike Robinson

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

Portugal announces that it will lose its crypto tax haven status and the government is imposing duties

Much to the dismay of Golden Visa (NYSE.:) seekers, Fernando Medina, Portugal’s Finance Minister has said that cryptocurrency taxes will soon be implemented in his country. However, he did not commit to a specific date.

The move to start taxing crypto was seconded by Secretary of State for Tax Affairs António Mendonça Mendes on Friday, As perSapo is a local news source.