News and developments

The Romanian Law Firm Pavel, Mărgărit and Associates provided legal assistance to a Canadian citizen on the legal implications of the taxation of cryptocurrencies in Romania and how to calculate the revenues obtained from the transactions with cryptocurrencies in Romania

The Romanian Law Firm Pavel, Mărgărit and Associates has provided legal assistance to a Canadian citizen regarding the questions on the taxation of cryptocurrencies in Romania, as well as the Romanian tax legislation for the revenues obtained from the transactions with cryptocurrencies in Romania. The Romanian Law Firm Pavel, Mărgărit and Associates recommends contacting a lawyer specialized in cryptocurrencies and virtual currency transfers in Romania in order to advise you on transactions with cryptocurrency in Romania, the taxation of cryptocurrencies in Romania or any other issues related to the Romanian tax legislation.

The legal assistance consisted of consultancy regarding the aspects of the Romanian tax legislation, such as: obtaining revenues from virtual currencies in Romania, income tax due on the gain from the transfer of virtual currency in Romania, comparison between the revenues from virtual currencies in Romania and the gross minimum wage, the procedure of calculating the revenues obtained from transactions with cryptocurrency in Romania, as well as when transactions with cryptocurrency in Romania are taxable.

The Romanian Law Firm Pavel, Mărgărit and Associates provides legal services of the highest quality, with lawyers specialized in cryptocurrencies and virtual currency transfers in Romania, assisting many clients in dealing with transactions with cryptocurrency in Romania or any other aspects related to Romanian tax legislation.