Martino
Sat Jun 08 2024
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7 answers
1548
Where is the lowest tax on crypto in Europe?｜. Nicknamed “blockchain island,” Malta is one of the friendliest countries in the world to crypto investors. Malta has no long-term capital gains tax on cryptocurrency earnings, although it may subject crypto trades to an income tax. The Maltese government looks at a number of factors when calculating income tax.Malta
Could you please elaborate on where in Europe offers the lowest taxation on cryptocurrency? I've heard that Malta, often referred to as the "blockchain island," is considered quite favorable for crypto investors. Does Malta indeed have no long-term capital gains tax on crypto profits? If so, how does the Maltese government approach taxing crypto trades, and what specific factors does it consider when calculating the income tax? I'm interested in understanding the tax landscape in Malta for crypto investments.
