Wednesday Nov 06, 2024
Crypto: How Much Tax Do You Pay in France, Portugal, Spain, Italy and Greece
In this episode, Tytle's tax expert walks you through a detailed simulation of take-home income for crypto traders earning €78,000 annually across five Southern European countries: Portugal, Spain, Italy, Greece, and France. The discussion covers how crypto gains are taxed depending on factors such as the duration of holding (short-term vs. long-term), activities like staking or mining, and whether you’re classified as a professional or non-professional trader.
Key topics include taxable events, such as crypto-to-crypto transactions in certain countries, and special options like Italy’s alternative value tax on portfolios. This episode provides a clear overview of the rules and considerations for crypto taxation in these countries.
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