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EU Needs ‘Intelligent’ Crypto Taxation Rules: Lawmaker

April 25, 2022, 4:30 PM

The EU should strike a balance between ensuring payment of fair taxes on crypto assets while not deterring their use for investment, a European Parliament lawmaker said Monday.

Crypto assets were “here to stay” and the EU should “legislate intelligently” to ensure the bloc doesn’t fall behind other parts of the world in exploiting their benefits, said Lidia Pereira, a Portuguese center-right lawmaker, speaking to the European Parliament’s tax subcommittee.

  • Pereira is responsible for drafting a European Parliament opinion on the impact of crypto and blockchain on taxation. The parliament’s economic and monetary affairs committee will vote on the ...