Slovakia Lowers Crypto Taxes and Exempts Health Insurance Contribution for Cryptocurrency Holders

06/29 13:15

June 29 (Huobi) - The parliament of Slovakia has approved an amendment that will lower taxes on profits gained from the sale of cryptocurrencies held for at least a year. The personal income tax will be reduced to 7%, a significant decrease from the current taxation sliding scale of 19% or 25%.

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