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Portugal awards you if you hodl your crypto for 1 year

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by COINS NEWS 131 Views

I won't post the article because it's written in portuguese. Basically, Portugal in 2023 is changing (slightly) how they tax crypto.

I'll make it simple and quick and you can tell me your opinion in the comments.

Right now:

You pay 0 tax on your crypto. Basically right now Portugal is a crypto heaven.

Starting 2023:

If you sell your crypto for profit in less than a year after buying it, you pay 28% tax (sorry day traders).

If you hodl for 1 year or more, you pay 0% on your profit.

What you think? Still a crypto heaven?

submitted by /u/RealVoldemort
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