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News: New crypto tax in Austria - everything after 28.2.21 has to be taxed (27,5%)!

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Disclaimer - this is not financial or legal advice.

It has happened:

The Austrian government sneakily introduced a new law, making crypto investments taxable.

The law will take effect on March 1st, 2021 meaning that all crypto bought after the 28th of February 2021 will be taxed with a 27,5% tax rate (which has already been applicable to e.g. shares for quite some time).

Source (German): https://www.diepresse.com/6058614/neue-bitcoin-steuer-kommt-ab-marz-2022

Source (English): https://www.bloomberg.com/news/articles/2021-11-09/austria-crypto-tax-will-treat-digital-tokens-like-stock

submitted by /u/AugWhite
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