- Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year.
- That’s likely to change in the near future if the parliament adopts the budget the government is proposing for 2023.
- The plan is to also introduce a 10% tax on the free transfer of cryptocurrencies and a 4% levy on commissions charged by brokers on crypto operations.
Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils
