Mariana Mortágua, a member of parliament with the Bloco... - Deepstash

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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#engineering, #machinelearning and #crypto

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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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