Portugal Tax Authority: Bitcoin Trading and Payments Are Tax-Free

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Portugal Tax Authority: Bitcoin Trading and Payments Are Tax-Free

“Portugal’s Tax Authority has clarified that both cryptocurrency trading and payments in crypto will not be taxed in the country, Cointelegraph Spain reported on Aug. 27.

According to a report published on Aug. 26 by Portuguese business newspaper Jornal de Negócios, the Portuguese Tax and Customs Authority have confirmed that crypto transactions or payments are exempt from Value Added Tax (VAT).”

https://www.investing.com/news/cryptocurrency-news/portugal-tax-authority-bitcoin-trading-and-payments-are-taxfree-1966281

Expert Asked on August 29, 2019 in Bitcoin.
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