Cryptocurrency in Portugal is now Tax Free


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The Race is on and first place up for grab

It was that Japan opened its markets to trade in crypto. Others like Venezuela are trying to create their own.

Well now another sovereign nation shows even greater support of the cryptocurrencies by declaring them “Tax Free”.

Portugal just made cryptocurrency trading and payments tax-free. There is also no income tax on crypto earnings in the country!

Governments are finally realizing it's time to embrace crypto & not fight it (they can’t stop it anyway).

Source: https://cointelegraph.com/news/portugal-tax-authority-bitcoin-trading-and-payments-are-tax-free/amp?__twitter_impression=true

Maybe it’s time to move to Portugal

At the very least a destination for #Cryptopians to cash out. Others will need to follow to not lose out!

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‪ Good Health – Evan Pantazi  ‬
‪Posted on eSteem‬
#Kyusho
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‪Image Credits:‬ cointelegraph


Comments 11


Always was...

30.08.2019 09:30
2

Well I’m heading back to Lisbon next weekend!

30.08.2019 21:47
1

Great choice ;)
Cheers!

03.09.2019 14:49
0

What else needed for steemians time to shift to Portugal :D

30.08.2019 13:05
1

IIRC, drugs are also effectively decriminalized there if that's your thing.

30.08.2019 17:10
0

Whatever gives people more independence.

30.08.2019 21:49
0

Could be now!

31.08.2019 01:03
0

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30.08.2019 16:05
1

It's always been tax free if you use it right.

30.08.2019 17:10
1

Well for now just buying it for the future is tax free.

30.08.2019 21:51
0