Highest tax bracket in Portugal when income tax was introduced was 8%
People will vote to tax the bitcoin bros, if you only take 8% of it its a civic duty like taxes... soon it will be 50% then what?
Highest tax bracket in Portugal when income tax was introduced was 8%
People will vote to tax the bitcoin bros, if you only take 8% of it its a civic duty like taxes... soon it will be 50% then what?
Portugal pays 23% in IVA (retail sales tax) after they tax the shit out of your income.
I don't care about bitcoin taxes. I don't pay them. That's it.
Maybe you dont pay taxes but if you think about bitcoin becoming a global currency or MoE then there will be threats of jail time if taxes are not paid. The general population will comply just like they wore masks and got the vaccine.
Just my opinion.