Romania Imposes 10% Tax on Cryptocurrency Earnings

Romania has amended its tax laws, allowing it to start taxing gains from bitcoin investments at a rate of 10 percent. The improved fiscal code legislation categorizes earnings generated from buying and selling cryptocurrencies as “income from other sources” and therefore subject to income tax, local media reports.

Also read: Falcon Private Bank Launches Crypto Wallet With Support for Direct BTC and BCH Transfers

Original source
https://news.bitcoin.com/romania-imposes-10-tax-on-cryptocurrency-earnings/

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