How does Portugal tax cryptocurrencies?

3 answers

• Newell FoldagerFeb 15, 2021 · 5 years ago
  In Portugal, cryptocurrencies are considered as taxable assets. The Portuguese tax authority, known as Autoridade Tributária e Aduaneira (AT), treats cryptocurrencies as property for tax purposes. This means that any gains made from buying, selling, or exchanging cryptocurrencies are subject to capital gains tax. The tax rate varies depending on the individual's tax bracket and the holding period of the cryptocurrency. It's important to keep track of all cryptocurrency transactions and report them accurately on your tax return to comply with the tax regulations in Portugal.
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• Kuznicki DerricottSep 17, 2024 · a year ago
  When it comes to taxing cryptocurrencies in Portugal, the government follows a similar approach as many other countries. Cryptocurrencies are treated as taxable assets, and any profits made from trading or investing in cryptocurrencies are subject to capital gains tax. The tax rate can range from 14% to 48%, depending on the individual's tax bracket and the holding period of the cryptocurrency. It's essential to keep detailed records of all cryptocurrency transactions and consult with a tax professional to ensure compliance with the tax regulations in Portugal.
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• baoyou10Aug 29, 2025 · 3 months ago
  At BYDFi, we understand the importance of tax compliance when it comes to cryptocurrencies. In Portugal, cryptocurrencies are subject to capital gains tax, and it's crucial to accurately report all cryptocurrency transactions to the tax authorities. We recommend keeping detailed records of your cryptocurrency activities, including the purchase and sale prices, dates, and any associated fees. If you have any specific questions regarding the tax regulations for cryptocurrencies in Portugal, we advise consulting with a tax professional who specializes in digital assets to ensure you meet all your tax obligations.
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