Mariana Mortágua, a member of parliament with the Bloco... - Deepstash
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Mariana Mortágua, a member of parliament with the Bloco de Esquerda who has been extremely outspoken about crypto taxes, blasted the administration for failing to find a mechanism to tax crypto before to the vote. 

“Regardless of necessary future crypto regulations, our contribution to put an end to this offshore is to subject crypto assets to the same rate applicable to capital gains on equivalent income,” she said.

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The Portuguese Parliament, Assembleia da República, rejected not one but two different proposals to tax Bitcoin and other cryptocurrencies , both of which came from political groups in...

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Minister says Portuguese government will tax crypto

At the start of this month, the country’s Minister of Finance  Fernando Medina said that the government would begin taxing cryptocurrencies. He also stated that the government would work on the regulatory framework, but he did not provide a time frame for when this would occur.

“Many count...

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TL;DR

In many countries, cryptocurrencies are subject to tax.

  • Trading, spending or selling your crypto are often taxable events. 
  • To calculate your taxes, you will need to consider your capital gains and losses. 
  • You may also have to pay income taxes if you r...

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