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RE: One of the biggest EU Exchanges Moves to Malta

in #bitcoin2 years ago

I am living in Poland and I can assure you that Polish crypto laws suck.
They basically want you to pay tax on the basic investment. That would mean profit or no profit, you have to pay taxes that are ridiculously high by any standards. No wonder Exchanges are moving.

I also wonder if this had anything to do with GDPR...

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shouldnt you sleep now then? :)

Ha ha! I should have actually slept several hours ago :-)
We actually have a holiday...............

GDPR applies across the EU, so Malta is just as affected.

I think that this interpretation of tax law has already been canceled by the ministry of... finances? Dont know how to translate;) anyway you should pay tax only from the profits.