[ Offshore Tax ] Crypto taxes for Americans in Portugal

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Portugal currently does not tax crypto gains unless they come from professional or business activities. But that’s about to change. A provision in the country’s proposed 2023 budget would tax gains on crypto holdings held for less than one year at a rate of 28%, according to the plan submitted to parliament.

TIMESTAMPS:
0:00 INTRO
0:13 which country will tax crypto? the country bought it or the country sold it?
0:30 solutions not to be taxed in the US for capital gains in crypto.
0:40 Portugal will not be taxed crypto at this time.
1:10 OUTRO

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