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Title: _ Post by: Bendoo on February 19, 2018, 10:39:43 PM _
Title: Re: I move to Portugal, 0% tax-free? Post by: pedrog on February 20, 2018, 11:52:19 AM There is no way for us to declare crypto gains as individuals for tax purposes, so we don't have to pay any taxes yet.
If you want to cash out large amounts first talk with your bank and make sure you have everything to prove where your coins came from. Title: Re: I move to Portugal, 0% tax-free? Post by: pedrog on February 20, 2018, 06:02:43 PM No need to declare crypto profits, wow nice :o Exchange screenshots about the transactions is enough to prove or there is something else? I guess your account manager will decide that. :) Title: Re: I move to Portugal, 0% tax-free? Post by: MindlesSnake on February 22, 2018, 05:42:17 PM From what I know there is no legislation for crypto profits yet, there is alot of talk about it but nothing fixed yet, still there are allways loopholes that can work both ways, either exempt you from taxes, or force you to pay taxes, it all depends, but as a foreign individual, it is easier to go on the first loophole ;)
Just get some portuguese lawyer and let him know about your situation, the bank you choose might even help you lool, and Welcome to the Portuguese way. :) Title: Re: I move to Portugal, 0% tax-free? Post by: FilipeHenriques on February 28, 2018, 04:16:21 AM It is not clear yet. I talked with a laywer in a coffee conversation and he told me that it is not clear of what are the procedures of the digital assets earnings. Well, technically for now it is 0% tax free but I think they could look at the profits like they look at the winnings in a legal betting website for eg. and take you a %. It is not right for now, but I will save this post because in a few days I will get this answer straight.
Title: Re: I move to Portugal, 0% tax-free? Post by: cryptobohhhhhh7 on March 08, 2018, 12:13:16 AM It is not clear yet. I talked with a laywer in a coffee conversation and he told me that it is not clear of what are the procedures of the digital assets earnings. Well, technically for now it is 0% tax free but I think they could look at the profits like they look at the winnings in a legal betting website for eg. and take you a %. It is not right for now, but I will save this post because in a few days I will get this answer straight. Where you able to find out the taxation on cryptocurrency in Portugal? Ive heard in Portugal trading crypto to crypto, so as example bitcoin to litecoin is 0% tax? Ive heard that selling for fiat makes 28% capital gain. Title: Re: I move to Portugal, 0% tax-free? Post by: riclas on March 09, 2018, 01:42:24 AM http://info.portaldasfinancas.gov.pt/pt/informacao_fiscal/informacoes_vinculativas/rendimento/cirs/Documents/PIV_09541.pdf
no taxes apply until some new law is made, national or european. Title: Re: I move to Portugal, 0% tax-free? Post by: Guerrix on March 09, 2018, 10:29:08 AM http://info.portaldasfinancas.gov.pt/pt/informacao_fiscal/informacoes_vinculativas/rendimento/cirs/Documents/PIV_09541.pdf Obrigado pela info...no taxes apply until some new law is made, national or european. Estava aqui com umas duvidas que ficaram esclarecidas. Title: Re: I move to Portugal, 0% tax-free? Post by: Mrt2018 on March 14, 2018, 06:24:42 PM It's definitely 0% tax for now and the government already said they don't plan to add any tax to cryptos. The only way to actually pay any tax regarding crypto is if you are a company, then different laws apply.
However, as an individual, you're free as a bird :) |