Crypto: 10% Tax on Profits - Possibility of Legalizing Old Profits
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The new bill of the Ministry of Finance attempts to establish a clear regime for the taxation of cryptocurrencies, providing for a 10% tax on profits, a tax-free limit of 500 euros, ... The article 10% tax on capital gains and presumption in the markets – 12-month deadline for declaring old profits without fines and interest was published in NewsIT.
The possibility of legitimizing profits from cryptocurrencies obtained by natural and legal entities in the past and today are “frozen” and cannot use them is provided by
A 10% tax on profits from cryptocurrencies, a presumption for their purchases and the possibility of declaring past capital gains without fines are provided for in the new bill of the Ministry of National Economy and Finance, which is currently under public consultation. The new framework brings significant changes to the way crypto is taxed, while at the same time providing for new rules for purchases via courier and the settlement of debts to …
The possibility of voluntarily declaring capital gains from previous cryptocurrency transfers is provided for within 12 months of the publication of the law.
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