Which income is covered?
- capital gains on shares and ETFs;
- dividends from Portuguese and foreign companies;
- interest and investment income;
- crypto asset transactions.
How are securities gains taxed?
As a rule, gains on securities are taxed at the applicable special rate, with the option to elect englobamento — aggregation with your other income at progressive rates — where that works out better. Gains and losses for the year are netted before tax applies.
And crypto assets?
TODO-FAQ16: the reference position on crypto assets is being gathered by the client. This section will be completed before go-live.
And dividends from an LDA?
Residents: 28% final withholding, with the option to elect englobamento. Non-residents: withholding under the double tax treaty with your country of residence.