🌍 Europe vs USA: Cryptocurrency Taxation — Where is it More Advantageous?

🔥 Europe:

Each country in the EU has its own rules.

🇩🇪 In Germany, it's simple: hold crypto for more than a year — tax 0%, but in other cases, rates can reach 45%.

🇮🇹 In Italy, a 26% tax is imposed on profits above €2000, with plans to increase it to 28%.

🇪🇸 Spain charges from 19% to 28%, while miners pay up to 47%.

🇵🇹 Portugal is a paradise for businesses, but not for investors: taxes can go up to 53%.

🇨🇿 The Czech Republic has removed taxes for those who held Bitcoin for more than three years!

💡 Conclusion: The EU is actively regulating, but there are loopholes for long-term investors.

🇺🇸 USA:

Here, taxes depend on how long you held the assets.

If less than a year, pay up to 37%, more than a year — a maximum of 20%.

Miners and stakers are taxed on income.

Gifts and purchases of crypto — no tax, but a report is still needed for sales!

🤔 United Kingdom:

Sales, exchanges, and using crypto for payments are taxed up to 45%, but the first £3000 is tax-free.

Transferring crypto between your own wallets or gifts to a partner — also tax-free.

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