Decoding Portugal’s Crypto Tax Maze: A Simplified Guide
Taxable Territory
Portuguese tax residents pay tax on worldwide income, which includes worldwide crypto-related income. Crypto taxation for individuals typically falls within one of the following three categories:
- For holdings exceeding 365 days, gains are tax-free. Holdings for a shorter duration incur a flat 28% capital gains tax. If you are eligible to register as an NHR 2.0 taxpayer in Portugal (see here for details), capital gains provided from the sale of crypto may be exempt from taxation in Portugal.
- Income derived from passive crypto investments, such as capital or regular income from staking, airdrops or lending, is taxed at a flat rate of 28%. This includes investment income received in fiat…
