Austria may apply exit tax to Bitcoin holdings when residents leave

Austria may calculate an exit tax on significant Bitcoin holdings as though the assets were sold when the holder leaves the country, using Bitcoin's market price at departure. For a move to another European Union or European Economic Area country, payment can be deferred. Separately, investors can offset realized Bitcoin losses against gains from shares to reduce taxable income, but the relief is not automatic and must be claimed through an income tax assessment.

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