Written by Shomik Sen Bhattacharjee, Edited by Siddharth Suvarna | Tuesday October 11, 2022
Portugal has long exempted individuals from paying capital gains tax on crypto earnings, but Finance Minister Fernando Medina says it’s time to pay up. Medina is calling for a 28 percent capital gains tax on earnings made from crypto assets held less than one year, according to a draft 2023 budget introduced to Portugal’s parliament Monday.
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