Presumed EU crypto tax havens

>Italy
>Portugal
>Malta
>Slovenia
>Belarus
>Switzerland

Can anyone from living in any of those countries confirm their status regarding crypto taxes?

Other urls found in this thread:

fu.gov.si/fileadmin/Internet/Davki_in_druge_dajatve/Podrocja/Dohodnina/Drugi_dohodki/Opis/Podrobnejsi_opis_1_izdaja_Davcna_obravnava_poslovanja_z_virtualno_valuto_po_ZDoh-2_in_ZDDPO-2.pdf
filippomartin.com/bitcoin-devo-pagare-le-tasse-come-funziona-la-tassazione-in-italia-per-bitcoin-e-le-criptovalute/
moscatellicommercialisti.com/wp-content/uploads/2016/09/Risoluzione-n.-72-E.pdf
twitter.com/SFWRedditVideos

slovenian, afaik there is no taxes on crypto here yet.

Source please?

no source atm, im not 100%, just thought i heard it somewhere. ill get back to you in 10 min

Belarus is not EU
Switzerland is not EU

Switzerland is not part of the fucking EU, faggot
KYS

I'm a burger visiting France today.

Anybody have tips 4 me?

can confirm, no crypto tax in slovenia so far

you'll need to be a resident tho and that's not so easy

In Italy you as a private won't have to pay a dime as long as your net income per crypto pair is lower than 57k€ a week.
Even if you beyond this you have to pay a 26% on the net gains you have every week, not on the single transaction.

>I'm a burger visiting France today.
>Anybody have tips 4 me?

Don't be an amerimutt

Spit on the sidewalks. French love that. Be sure to make it loud as possible and say “a bas la France!”

Italian here

Crypto are still considered "foreign currency", so we have to pay taxes only above €51k, which is referring to an old law where 51k is just the conversion of 100mil lira, our old currency

Was it 51? I think I may have given a wrong number then here

God bless Italy.

EU is a bureaucratic mess.The individual states are unlikely to move on their own about taxing crypto and it ll take a while before the EU Comission wakes up and forces a universal tax.

Switzerland here. Yes, its fine no capital gain tax for cryptos if traded not as professional or business as they are treated as other currencies. But you have to declare how many bitgoyns you own, since we have wealth tax.

any official sources to back that up please?

Lived in malta for a while, my boss had several shitty companies, probably for money laundering. Almost all the MLM's have their company registered in Malta.

>Yes, its fine no capital gain tax for cryptos if traded not as professional or business as they are treated as other currencies
what's the definition of a professional activity? if none is given they can always determine that based on your trading volume even as an individual

>Switzerland
>EU

You're a kraut, aren't you?

checked. no tax so far. source in slovenian:
fu.gov.si/fileadmin/Internet/Davki_in_druge_dajatve/Podrocja/Dohodnina/Drugi_dohodki/Opis/Podrobnejsi_opis_1_izdaja_Davcna_obravnava_poslovanja_z_virtualno_valuto_po_ZDoh-2_in_ZDDPO-2.pdf

It's in pasta
filippomartin.com/bitcoin-devo-pagare-le-tasse-come-funziona-la-tassazione-in-italia-per-bitcoin-e-le-criptovalute/

You can find many similar articles by googling "Tasse Criptovalute"

do you have anything official? random opinions are great but not legally binding

out of my country

It contains an excerpt of an official statement made by our tax collecting agency that classifies cryptos as foreign coin

Just trade on an anonymous exchange like binance.

that would be tax evasion. this thread is about jurisdictions with a legal low or 0% tax on crypto

Stay away from Paris if you can, it's basically a sub-Saharan African and middle-eastern enclave

Niggas the best place is Monaco. No taxes on anything. When I'm a millionaire off of LINK that's where I'm headed

Netherlands seems good too.

I live in Malta, I believe that having a foreign bank account (revolut?) you can cash out slowly without having to pay taxes if you're a foreigner.

I'm not sure about any of this though. But if you go through Maltese banks you will have to pay capital gains afaik.

avoid the niggers

Just go to the Netherlands

welcome to Africa, hope you like monkeys, you'll see a lot here in Paris.

France.

I've seen a definition about what makes it professional activity and what not. I'll post it when I find it.

Italian reporting in.
No taxes here, unless you cash out less than 51k a week you are good to go and do not have to declare anything.

God, I love this corrupt, failed country

62.2% taxes on crypto.
Essaie encore faggot.

This is correct

Ok so it seems like it's not really defined yet. But I'm pretty sure that when you have a regular job at least to a certain degree, you'll be fine.

Be aware of scamming africans on every corner . Theyve put a fucking string on my hand and asked 50 buck for it .

As an Italian that currently lives in Austria, I can confirm this. Not sure if it's 51 or 57k, but who cares anyway. When you're at the point that it matters you're rich anyway.

Also take what I'm saying next as very doubtful but I'm in a crypto-related association in my university and the founder is some well-connected rich kid.
We are in contact with different politicians and lawmakers and they basically say that, as usual, our government is slow as fuck and barely looking into the matter

Italian here, confirm this.

>less
You mean more, right?

>it seems
>not really defined
>I'm pretty sure
>a regular job
>at least to a certain degree
>you'll be fine.
see that's exactly where problems begin

ITALY

no regulamentation yet. The office which is in charge to control the tax evasion suggested (in an official way) that the ones which gained from crypto MAY declare their profit and pay 26% in taxes (in order to avoid future problems when a retroactive regulamentation will be approved). Still, not declaring the incoming of cryptos is not illegal for the moment.

And how much do you pay if it's higher than 51k?

The ones who say that you have to pay taxes only if you gain more than 51k a week are just making suppositions which are not allowed to do. Crypto are not officially considered "foreign currency".

Can any of you Italian bros do all of us a favor and give the tax authority a quick call to confirm the 51k a week for crypto ruling?

>For calls from Italian territory:
>from landlines: 848 800 444
>by mobile: 0696668907
>For calls from abroad: 0039 0696668933

I will literally pay you if you do

PORTUGAL PARTY HERE, vou ficar milionário filhos da puta. Cryptos are pretty much unregulated.

Malta checked
Portugal checked

No crypto taxes there on the right residence permit

Same for you bro, can you call your local tax authority and ask at what point does trading crypto turn into "a professional or business related activity" under Category B?
It's 0217-206-707

Pretty sure denmark has 0%

>Malta checked
source and ruling please?

Slovenia has 0% for your personal trading (no capital tax).

No capital gains tax for foreigners
Remittance based taxation for foreigners

>you can't

If you know italian, this is an important resolution
moscatellicommercialisti.com/wp-content/uploads/2016/09/Risoluzione-n.-72-E.pdf
I'm a spanish lawfag, so I barely understand some stuff. Would need some italybro to read it carefully

what about trading? they can always claim it's employment based income and tax you

Avete un link che porti ad una fonte seria? Apprezzerei molto.

Remittance based taxation means you pay what you bring to the country so no they can't. As long as you transfer gains to bank outside of the country and don't use atm or card to withdrawal it, it's completely tax free.

There is no "but"

Not correct. Does not apply to crypto. I have asked a Maltese law firm who asked the tax authority

It's little funny because if the exchange is based in Malta that pays you then you need to tax.


Also Andorra is in EU and
flat 10% income tax
No capital gains tax

Weird cause last tax return my accountant didn't write it despite me sending to Malta bank and the accountat said it's capital gains which I am not subject to.

What exactly did you ask and what exactly did they respond with?

I understand what remittance basis is, but the idea here is that you are the one trading and generating the profits and your employment is deemed local if you're based locally in Malta, as is the case with locally sourced employment anywhere else in the world. Do you have any reason to believe that is not the case specifically for crypto, Malta, and day trading? The fact alone that the exchanges aren't based in Malta doesn't exempt you from employment income duty

>Be north european
>Told by the state 24/7 that I'm lucky to live here
>They expect me to pay 50% tax when I cash out or become a wagecuck
>Move the Sardinia in Italy or Portugal and cash out with near no tax, low living costs and higher quality of life

>No taxes on the first house you own in Italy either

lmao I can't believe wagecucks actually work as slaves just to get taxed 40 - 50% on their income, then get raped on property taxes, VAT and other shit in Scandinavia

Can't wait to leave this depressing shithole

Where are my pasta and portugese niggas at? Can't wait to join you guys.

So it's completely unclear whether it will be tax free or not?

Hong Kong, no crypto taxes

If you are trading portugal will probably tax you and maybe Italy will tax you at 26%?

If you are employed on Malta by a Maltese company or any who else with a local presence then it's a taxable event.

If you trade for fun yourself then it's not taxable.

there's no proof at this point that if you day trade then it'll be tax free in Portugal

Belarus here. Latest decree stated that mining and trading tokens is not an entrepreneurial activity. So no taxes.
But if government would like to fuck you - they will, because that's how it works here.

7% at first with acrre little boi, france is numero uno atm if you're under 25

>Trading

Lmao just HOLD who the fuck trades

literally THE easiest way to become a millionaire EVER

just hold ETH / XMR for two years and cash out and retire at age 25.

Also slovenian, can confirm

But it might be considered self-employment which is also taxable. An employing entity isn't always required. Did you check that specifically?
It's the only flaw I'm seeing with what you're saying
Also are you an expat living in Malta under the remittance scheme? what else can you share about it?

I asked whether crypto profits are taxable or not for an individual

This is the reply
>We have been trying to obtain confirmation from the tax authorities about how cryptocurrencies will be taxed in Malta. This will depend on how the tax authorities classify the transactions and whether they consider cryptocurrency to be currency or assets or indeed whether they will devise some ad hoc tax treatment specifically for cryptocurrencies. However as yet there is no clarity.

What about hungary?

How could you forget Cyprus?

okay so it's a regulatory gray area at the moment, not necessarily part of how general taxation is regarded

16% tax

do you have any information specific to Cyptus? please share bro

So, they haven't decided yet. But to assume it is tax-free is simply incorrect. Also the foreign source rule does not apply for trading. Same as a stock or forex trader. Just because the broker is outside of Malta does not make it foreign sourced

Yes expat there on "temporary" permit for 5 years which can be extended further. Best tax deals.
I hired a lawyer and took that path because I hate paperwork and these kind of process. We had a long and nice conversation about taxes and money in Malta.

For example, if you make Money before you move you can remit it for free even 4 years after you relocated.

There is however requirements of living there such as minimum rent on property and then you need food and utility. Sort of a "forced taxation".

Now my accountant does all my taxes and when I ask him questions he answeres.

Crypto currently not taxed for foreigners but sometime in the future they may claim it's not capital gains thus tax you.
Keeping it outside is safe anyway.

Belgium
>HODLer: pay 0 tax
>Daytrader (high speculator): pay 30%

I'm unironically thinking about moving to Portugal, as I wanted to live there for a short timte to see how it goes. This would be perfect.

But if EU decides that the tax is universal for everyone, isn't it a better move to anticipate and try Switzerland?

És tu e eu caralho! Finalmente, temos um país que serve para alguma coisa.

But how can he claim it is not taxable if it hasn't even been decided yet?

Switzerland status: not giving a shit about crypto gains
yep, tax haven

What you could do if you are unsure is to apply for "self-sufficiency" permit where you need 70k in liquid form (euro).

Self-employed requires a certificate too

>EU decides that the tax is universal for everyone
What?

S L O V E N I A
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A

>bulgaria
>flat 10% capital gains tax on cash out

And to everyone claiming that their countries have 0 tax for crypto because "it's unregulated", that's absolutely false and probably a lie. Good luck cashing it out without paying the capital gains tax

1. Considered capital gains today and previous years
2. I did not remit all to Malta

Veeky Forums non è una fonte seria?

If the tax law for cryptocurrency is the same for every EU country.

If you were making fun of my redundancy, I'm tired.

In witzerland there are no capital gain taxes for crypto same as with stocks and any other capital gains

I live in Chicago. Can't be much worse than that.

Okay, if you are a holder and only selling infrequently then you might be in the clear, but trading would definitely be local sourced income.

Any real confirmation on that no matter how much you trade, it is not taxed?

I would suggest Bulgaria as well. It is at least clear in Bulgaria, no surprises.
Cheap and good internet also.
Can buy apartment for 10k
And fuck hookers for 30/hour if you are into that

Anyone know how Spain deals with this?