Latest news and stories about crypto taxes in Portugal for expats and residents.
An analytical guide on the tax obligations for Portuguese residents regarding the declaration of cryptoassets like Bitcoin and Ethereum following the 2023 regulatory updates.
Público reports that Portuguese shareholders in BCP have reached a record low, now representing only 18% of the bank, trailing behind Chinese, Angolan, and Anglo-Saxon capital. Jornal de Notícias notes a 22% growth in the electric vehicle market since the start of the war, with 17,903 units sold in March. The same paper highlights a decline in local accommodation registrations due to insurance issues, legal non-compliance, and municipal restrictions, with 7,000 registrations lost since December 2025. Correio da Manhã covers the trial of a woman charged with double negligent homicide following a 2021 car accident that killed her two children. Diário de Notícias reports on the rising cost of Portuguese debt due to the new war. Negócios states that crypto reporting to the tax authorities is now mandatory for this year's transactions, with fines reaching 22,000 euros.
The Government intends to make non-compliance in the cryptoasset sector an offence with financial consequences. The Executive's legislative proposal, which has just been submitted to Parliament, not only imposes new reporting obligations but also establishes a sanctioning framework, with fines that can reach 22,500 euros for failures in communicating data to the tax authorities.
