Earnings From Bitcoin are Now Subject to Income Tax in Romania

Law 30/2019 amending the Fiscal Code became active on Sunday January 20, 2019 and introduces freshness to the system of Romania, viz. classifying the profits accumulated from Bitcoin (BTC), the flagship crypto and other cryptoassets as financial gain accruing over a given period of time from other sources.

The earnings from BTC will be subjected to income tax by the tax authorities.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/earnings-from-bitcoin-are-now-subject-to-income-tax-in-romania/

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