{"id":2380,"date":"2022-01-25T17:04:22","date_gmt":"2022-01-25T17:04:22","guid":{"rendered":"https:\/\/www.rosarioduarte.pt\/tributacao-criptomoedas\/"},"modified":"2026-03-30T16:21:18","modified_gmt":"2026-03-30T16:21:18","slug":"tributacao-criptomoedas","status":"publish","type":"post","link":"https:\/\/www.rosarioduarte.pt\/en\/tributacao-criptomoedas\/","title":{"rendered":"Cryptocurrency Taxation in Portugal"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Overview<\/strong><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p><br>Investment in cryptocurrencies has become increasingly common and potentially profitable. However, the Portuguese tax system is based on the principle of\u00a0<strong>typicity<\/strong>, meaning that income is only taxable if the law expressly categorises it as such.\u200b<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Analysis by income category (IRS)<\/strong><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Capital income (Category E):<\/strong>\u00a0Gains from selling or exchanging cryptocurrencies are not treated as \u201ccapital income\u201d, because they result from disposing of the asset rather than from returns on holding it.<\/li>\n\n\n\n<li><strong>Capital gains (Category G):<\/strong>\u00a0The current tax code defines capital gains with reference to traditional financial instruments (shares, derivatives, securities). As cryptocurrencies do not fit these legal definitions, they are currently not taxed under this category.<\/li>\n\n\n\n<li><strong>Business and professional income (Category B):<\/strong>\u00a0<strong>This is the only category under which taxation may apply.<\/strong>\u00a0Income is taxable when the activity qualifies as a \u201cbusiness or professional activity\u201d. The Portuguese Tax Authority (<em>Autoridade Tribut\u00e1ria<\/em>) looks mainly at:<\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Habituality:<\/strong>\u00a0Frequency and regularity of transactions.\n<ol class=\"wp-block-list\">\n<li><strong>Profit motive:<\/strong>\u00a0Whether the activity is geared towards generating consistent profit.\u00a0<em>There is still considerable uncertainty regarding the exact thresholds (volume, value, or frequency) that trigger this classification.<\/em><\/li>\n<\/ol>\n<\/li>\n<\/ol>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Value Added Tax (VAT)<\/strong><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p><br>Simple transactions in cryptocurrencies are\u00a0<strong>not subject to VAT<\/strong>, and the exchange of cryptocurrencies for fiat currency is exempt, as it is treated as a means\u2011of\u2011payment transactional.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>&nbsp;<\/p>\n\n\n\n<p>T\u00e2nia Franco | <a href=\"mailto:info@rosarioduarte.pt\">info@rosarioduarte.pt<\/a><\/p>\n\n\n\n<p>\u00a0<br><a class=\"btn gray\" href=\"http:\/\/eepurl.com\/gyHAu1\" target=\"_blank\" rel=\"noopener\">Sign up for our Newsletter<\/a><br>\u00a0<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Contact us <a href=\"https:\/\/www.rosarioduarte.pt\/en\/contacts\/\">here<\/a> to book a meeting.<\/h5>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Overview Investment in cryptocurrencies has become increasingly common and potentially profitable. However, the Portuguese tax [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2380","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.rosarioduarte.pt\/en\/wp-json\/wp\/v2\/posts\/2380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rosarioduarte.pt\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rosarioduarte.pt\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rosarioduarte.pt\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rosarioduarte.pt\/en\/wp-json\/wp\/v2\/comments?post=2380"}],"version-history":[{"count":3,"href":"https:\/\/www.rosarioduarte.pt\/en\/wp-json\/wp\/v2\/posts\/2380\/revisions"}],"predecessor-version":[{"id":2389,"href":"https:\/\/www.rosarioduarte.pt\/en\/wp-json\/wp\/v2\/posts\/2380\/revisions\/2389"}],"wp:attachment":[{"href":"https:\/\/www.rosarioduarte.pt\/en\/wp-json\/wp\/v2\/media?parent=2380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rosarioduarte.pt\/en\/wp-json\/wp\/v2\/categories?post=2380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rosarioduarte.pt\/en\/wp-json\/wp\/v2\/tags?post=2380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}