Parliament members in the European country of Slovakia voted in approval of lowering crypto taxes, among additional measures affecting cryptocurrency holders.
On June 28 the Slovakian parliament voted to approve an amendment that will reduce personal income tax for profits gained from the sale of cryptocurrencies that have been held by the user for at least a year.
The taxes will be lowered to 7%, which is a significant decrease from the current taxation sliding scale of either 19% or 25%….
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