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The interest of the investors in digital coins is growing after a recent euphoria around the most valuable cryptomomeda, a bitcoin. And who wants to invest in these currencies with an incentive in Portugal. The profits obtained from its sale are not taxed in Portugal. The information is provided by the Ministry of Finance:"A venda de bitcoins não é tributável em IRS face ao ordenamento fiscal português, designadamente no âmbito da categoría E - capitais - ou G - mais-valias", afirmaou ao DN/Dinheiro Vivo fonte oficial do ministério. There is hardly any more valuable tax "when, due to its habitual nature, it constitutes a professional or business activity of the contributor, in which case it will be taxed in category B", adiantou.
If the profits resulting from the sale of digital currencies should or should not be declared to the financial institutions, they must be raised together with investors and traders of these currencies. Pedro Gaspar is a labourer who has recently started mining, that is to say, to raise, not bitcoin but another digital currency, the money (there is about 1400). It does not declare in its IRS the most valuable obtained with the sale of cryptomomotives. "Informei-me com um advogado e em Portugal há un vazio legal", disse.
But the situation ends up not being clear and the investor reveals some concerns. "How is it concluded that it is an investment or a professional activity?", question. That's why we have some care in your transactions. "When I sell, I prefer to do business directly with the buyer (peer-to-peer) and receive payment in cash,"he said.
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Ricardo Filipe, on the other hand, lives from buying and selling bitcoins and chooses to declare profit gains with this activity. "I want to be careful not to have problems in the future."
However, some enthusiasts of the digital currencies in Portugal consider having a base in Malta, a country where the effective tax rate for non-residents is only 5%.
Clearer for the finance is the taxation of the tax on the acrescented value (VAT) on goods and services purchased with cryptomomotives. "According to information from the Tax Authority, the products purchased with bitcoins pay VAT", stated the official source of funds.
Second, an online guide to Portuguese businesses that accept bitcoins as payment methods, there are 39 locations where it is possible to pay in digital currency. The great majority of them are located in Grande Lisboa. Hostels, playgrounds and restaurants are part of the stables that have already adopted bitcoin and are on the guide (coinmap. org).
Bitcoin em queda livre
Although there has been a frenzy around the digital coins, superimposed on the bitcoin, this currency has suffered a setback this week. Caiu de perto de 20 mil dólares (17 mil euros) no início da semana passada, um valor recorde, para 11 mil dólares (9,3 mil euros) na última Sens-feira, dia 22 de dezembro, segundo dados do Coindesk, um site de câmbios. For now, at least three currency brokers have already temporarily suspended operations to buy and sell currency. But the price flow of the bitcoin is not a novelty for investors.
The ascent of the value of this cryptomomeda has been astonishing. I didn't start 2017, it was worth about a thousand dollars. He created many millionaires and shouted for the attention of the big banks and politicians, who are now looking for regulars.
Segundo Tiago Cardoso, manager of the XTB brokerage firm, in this height "the market for crypto-mediums is equivalent to 600 billion dollars (506 billion euros), with bitcoin barely 48% of the total. In fevereiro this year this market was of 20 billion dollars (17 billion euros), being bitcoin responsible for more than 85% of that peso.
The rise of this digital currency for securities occurred after having begun to be traded in future in US currency, in the CME and CBOE (north American futures markets). These exchanges also temporarily suspended the negotiation of some bitcoin futures contracts, which allow us to bet on the price at which the currency will be traded in the future.
Nem por isso deixa de haver curiosidade por parte de investidores portugueses. "A maioria dos clientes pergunta o que é de facto a bitcoin", said José Lagarto, director of research at Orey iTrade. On the devaluation of the bitcoin, he says that "it is still given to comment on the evolution of this new market". But he says that "it involves in controversies relative to its legality and acceptance by the various regulators, it becomes difficult, senão impossível, to be able to accentuate some investment recommendation".
"Quanto às outras criptomoedas que vão surgindo, parece que o maior móbil para a su subida é mesmo a especulação", considers Paulo Rosa, economist of Banco Carregosa.