cryptonews
2023-06-29 16:42:00

Slovakia Significantly Lowers Crypto Tax Rates Amid Digital Euro Fears

The deputies of Slovakia's National Council, the country's legislative body, voted on June 28 to endorse an amendment that will reduce the taxation of cryptocurrencies in the country. Per the approval, the personal income tax for profits made from the sale of cryptocurrencies, held by the user for at least one year, will be lowered to 7%. The current taxation sliding scale for digital assets is either 19% or 25%.... Read More: Slovakia Significantly Lowers Crypto Tax Rates Amid Digital Euro Fears

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.