Miguel M.

Geek born on a Tuesday, passionate about new technologies: Cybersecurity | Data Protection | Cloud | Sustainability | @SLBenfica🦅 @f1🏎️ @tesla 🔋🚘

[Miguel M. @mcfm_pt]

Basic human needs 😀 #CiscoInnovationDay #Lisboa

[Not a Tesla App @NotATeslaApp]

Tesla Launches Official Retractable Sunshade for the Model Y https://t.co/aGX7sPSnUI

[Tax guy 🇵🇹 @cryptaxpt]

🇵🇹 Portugal: AT binding opinion regarding Crypto-to-Stablecoin Swaps🫴

Binding tax ruling (Processo 28969) from the Portuguese Tax Authority (AT), has clarified the tax treatment for investors using stablecoins as a technical bridge to cash out.

If you’ve ever had to swap a token for USDC or USDT simply because there wasn't a direct Euro (EUR) trading pair, this update is for you🫵

🔍 The Key Takeaways:
1⃣No Tax on Crypto-to-Crypto Swaps: The AT confirmed that swapping one cryptoasset for another (including stablecoins like USDC) is not a taxable event. The tax liability is deferred until you convert to fiat currency (like EUR).

2⃣The 365-Day Rule Remains Strong: Capital gains from crypto held for 365 days or more are exempt from IRS (Personal Income Tax).

3⃣Technical Swaps Don't Reset the Clock: If you hold a token for over a year and perform an immediate "technical swap" to a stablecoin just to facilitate a final sale to EUR, the exemption still applies. The AT views this as a single continuous process of realization.

4⃣A Caveat on Jurisdiction: ⚠️This deferral and exemption only apply if the entities involved (like the exchange) are resident in the EU, EEA, or a jurisdiction with a tax information exchange agreement with Portugal.

💡 Why This Matters
This ruling reinforces Portugal's "Realized Gains" principle. It acknowledges the technical realities of the crypto market, where direct fiat pairs aren't always available, ensuring that investors aren't unfairly penalized for the lack of market liquidity.

The Bottom Line: If you've held your assets for over a year, you can navigate through a stablecoin to reach EUR without losing your tax-exempt status, provided the move is immediate and technical.

✉️ If you want to have a copy of this binding opinion. Please drop me your email, as X does not support PDF.

[Miguel M. @mcfm_pt]

Qual será o curso? 😂😂😂
#NicolasMaduro

[Miguel M. @mcfm_pt]

O Nicolas Maduro ainda acaba deportado. Entrou tão rapidamente nos EUA que deve estar ilegal.

[Miguel M. @mcfm_pt]

@tesla_club_pt Onde é para estacionar a “tenda”?

[Miguel M. @mcfm_pt]

@DianaFreytag @teslaeurope +1 👆

[Miguel M. @mcfm_pt]

@EstherRebers @Tesla @Tesla_Calle @EvaFox @teslaownersSV @wholemars @mayemusk @alex_avoigt @Teslaconomics @Kristennetten @dvorahfr @EvasTeslaSPlaid @DimaZeniuk In 🇵🇹 remember to say Olá (“oh-LAH”) Hi 👋

[Miguel M. @mcfm_pt]

@NicklasNilsso14 @UNECE All three in one word “Protectionism”.

[Esther Rebers @EstherRebers]

FSD Supervised in Europe! ⁦@Tesla_Calle⁩ and myself have just experienced one of the first testdrives in Europe. Location: Düsseldorf, Germany. Amazingly smooth and safe drive in one of the busiest areas. We are so very impressed. Europe needs FSD Supervised asap! ⁦⁦

[Miguel M. @mcfm_pt]

@EstherRebers @Tesla_Calle The beginning is impressive because of the road with no lane markings. Did you ever had to correct manually?

[Miguel M. @mcfm_pt]

@EstherRebers @Tesla @teslaeurope @Tesla_Calle @EvaFox @SawyerMerritt @alex_avoigt @wholemars @teslaownersSV @andst7 @mayemusk Please leave the window open

[Miguel M. @mcfm_pt]

@cnnportugal

[Miguel M. @mcfm_pt]

Falam em casa ilegal onde viviam os dois idosos, mas não se fala da conduta da #CMSeixal em perpetuar isto há décadas cobrando repetidamente papelada para legalizar que vai expirando, o IMI e esgotos que por vezes nem existem no local #claudia @SICNoticias @cmjornal

[Miguel M. @mcfm_pt]

@celinha7411

[TechOperator @TechOperator]

Electric cars will displace ICE vehicles at an increasing pace, even without taxpayer-funded adoption, because they are simply better cars.

[Elon Musk @elonmusk]

Waiting for Dutch authorities and then the EU to approve.

Very frustrating and hurts the safety of people in Europe, as driving with advanced Autopilot on results in four times fewer injuries!

Please ask your governing authorities to accelerate making Tesla safer in Europe.

[Miguel M. @mcfm_pt]

Back to back recovery in the oven? #F1 #BrazilianGP

[Autosport @autosport]

Max Verstappen will start the #BrazilianGP from the pitlane today after set-up changes under parc ferme and an engine change 🔄

[Miguel M. @mcfm_pt]

@CabineSport Castigam-se os árbitros mas os erros já ninguém os tira

[Miguel M. @mcfm_pt]

@richardslopes83 Acontece-me exactamente o mesmo quando mudo de um pra outro.
E no meu caso ainda há os piscas no volante, ora ando a pressionar o volante sem a função, ora vou com os dedos à manete dos piscas quando ela não está lá 😂

[Miguel M. @mcfm_pt]

@su_gar_bar Essa não necessita licenciamento e não conta para IMI 🤑
E não arrisca objeções típicas das Câmara para construir ie menos burocracia.