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Crypto trading tax free in Portugal!  Portugal’s tax authority has confirmed that cryptocurrency trading and payments are tax-free.

Jornal de Negocios first reported the news earlier this week.  According to the Jornal de Negocios, the tax authority has said that both cryptocurrency trading in real currencies and re-enumeration in cryptocurrencies are exempt from value-added tax (VAT).

The clarification was given to a local cryptocurrency mining company via an official ruling document. Cryptocurrency earnings in Portugal are also income-tax free according to the report.

What do you think?  We’ve talked about taxes and crypto before.  If you’re looking for a great company, click here to get taken to CryptoTrader.Tax!  We’ve partnered with them  Here in the United States, we’ve got a friendly legislative branch warming up to cryptocurrencies.  We know Donald Trump isn’t a big fan of cryptocurrencies.  Let us know what you think on our Facebook page!

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