FMP

FMP

Cryptocurrencies Intended to be Taxed Just Like Stocks in Austria

Authorities in Austria are considering to tax gains from cryptocurrencies similar to those from stocks. The government intends to apply the same 27.5% levy to cryptocurrencies, a rate it uses to tax capital gains from traditional assets, such as stocks and bonds. This move is expected to increase trust and access to cryptocurrencies and reduce prejudice against the new technologies.