Are crypto revenues now soon to be taxed in Portugal?

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There is again much speculation about possible taxation in Portugal of crypto profits.

Again! It’s too early, no one can say anything meaningful about this right now. On Nov. 23, the Portuguese parliament must approve the 2023 budget. Possibly cryptos will be taxed in some way. For now, it is only speculation! We are following this matter minute by minute.

Important to know that if a decision is made to tax cryptos in Portugal, taxes are still avoidable if you have the NHR – status !!!

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About the author Iven De Hoon

Iven De Hoon is trained as a lawyer (Antwerp, Belgium), and is also master in tax and accounting at the acclaimed Vlerick Institute (Ghent, Belgium). He has published many articles and books on different tax topics and has more than 25 years’ experience. He is also a winner of the Willoughby Memorial Prize (St Jezus College Oxford, 2009).

Are crypto revenues now soon to be taxed in Portugal?

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