Practice Areas: Tax

Type: Portuguese State Budget 2023

2023 Portuguese State Budget | Crypto-Assets Taxation

The 2023 Draft OE (State Budget or “OE” as abbreviated in Portuguese) enshrines the tax regime for crypto-assets, with impact both for individual investors and institutional players such as exchanges and other platforms, with the proposed regime being transversal to different taxes, such as IRS (individual income tax as abbreviated in Portuguese) and Stamp Duty.

It is important to note, however, that the proposed 2023 State Budget, which has generated so much discussion due to the options taken, has already been the subject of an amendment proposal presented by the PS (Socialist Party as abbreviated in Portuguese) Parliamentary Group, whose content is reflected in the document prepared by Abreu Advogados’ Tax team.


Thinking about tomorrow? Let's talk today.