I think the deal you have in Romania is not too bad. 10% income tax is low compared to my home country the Netherlands. In my country, normal income tax rates do apply to crypto earnings. We also need to include crypto holdings to our financial assets on which we pay a set capital gains tax, regardless if gains are there or not. Income tax rates varies between approx 30% and 50%. Capital gains tax is about between 3 and 4% per year on the sum of all financial savings/holdings.

Income from hobby is exempted from taxes though. Still wondering if eg income from crypto based blogging can be classified as hobby. The definition is not too clear when something is hobby and when it becomes taxable work. Guideline is: When income is created by selling once so often, and other taxable income is generated, hobby income could apply.

That said, we need to spend 1.200 hours per year working to be classified as a company, from legal perspective as well as from tax perspective. My argument will then be, that when we spend less hours on crypto blogging than the 1.200 per year, it should be classified as income from hobby. Since when not classified as a company, than we don't get the perks a company gets, eg deduction of costs and all.

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