Always double check the information before taking any steps.
1. Singapore
Positives: There is no tax on capital gains or on goods and services purchased with cryptocurrency. Negatives: tax on income, mining, and businesses.
2. Portugal
No tax on crypto if it is not your professional activity which is treated as main income.New crypto taxation policy in 2023 ( Great for Hodlers )Positives: There is no capital gains tax if held for more than a year.Negatives: 28% tax on capital gains if sold within a year.
3. Germany
There is no tax on being Diamond Hands and profit less than €600 .Taxable events: -• Sold, Swapped or Spent within a year ( Not if the profit is less than €600 )• Staking ( Not if sold after 10 years of staking )• Getting paid into crypto• Mining crypto
4. Hong Kong
Positives: No tax on long-term investments.Negatives: Frequent trading, which is treated as income, is taxed.
5. Switzerland
Positives: There is no capital gains tax for individuals who do not engage in professional cryptocurrency trading or mining.Negatives: tax on income and wealth if you trade (qualified day trader) or mine cryptocurrencies professionally.
6. Dubai
0% tax on cryptos because there's no tax whatsoever.
7. El Salvador
No capital gains or income tax on Bitcoin.
8. Belarus
No Tax on Capital Gains and Mining. In 2023, the authorities will review the regulations.
9. Slovenia
Positives: There is no capital gains tax.Negatives: 25% tax on mining revenue.
10. Georgia
0 % tax on capital gains (individual investors only).
11. Malaysia
Positives: No tax for individual investors ( occasional trading )Negatives: income tax for day traders ( continuous and frequent ), businesses, and mining crypto.
12. Malta
Positives: No capital gains tax on long-term gains from selling cryptocurrency as it is recognized as a "store of value."Negatives: 0% - 35 percent for day traders as subjected to business income ( depends on factors such as residency and how much you make )
13. Bahrain
No tax on crypto ( individual gains )
14.Bermuda
No tax on crypto.
15. Costa Rica
No tax on capital gains
16. Panama
No tax on capital gains.
17. Puerto Rico
Puerto Rican citizens pay very little to no taxes on capital gains, dividends, and interest. Puerto Rico is an unincorporated territory of the United States that has its own tax laws.
18. Vanuatu
0% taxes on income, wealth, capital gains, dividends, and interest.
19. Cayman Islands
No capital gains or income tax.
20. Gibraltar
No tax on capital gains , Vat
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