Good news! As we stated in our last newsletter, the scaremongers who CLAIMED that cryptos will be taxed in Portugal will be proved wrong. It would be stupid of Portugal to kill the goose with the golden eggs! And so it is.
Yesterday, the parliament decided not to tax crypto profits for the time being! So now the government has the time to brainstorm how to tax cryptos at a favourable rate in the future or not… We’ll (follow it up) KEEP YOU POSTED but you can relax for the time being.
ON ANOTHER NOTE Moreover, there may soon be a very favourable tax rate on software development in Portugal, we will inform you as soon as we have more details!!!
