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Author: Admin | 2025-04-28
How is crypto taxed in Poland? We've got everything you need to know in our Poland Crypto Tax Guide 2024, including crypto capital gains, crypto income, and how to calculate and report your crypto taxes to the Krajowa Administracja Skarbowa (KAS) by the 30th of April deadline.Yes. You’ll pay tax on crypto in Poland whenever you have a profit from converting crypto to fiat currency like PLN.You’ll pay a flat 19% tax on any gains or income from crypto in Poland.In Poland, crypto - or virtual currency - is defined as a digital representation of value, that may be exchanged into legal tender and the laws around it are pretty simple. You’ll pay a flat 19% on any gain you make as a result of converting your crypto to fiat currency. While you might think that means you’ll only pay tax when you sell your crypto, it’s not quite the case. So when will you have a gain?The guidance from the Krajowa Administracja Skarbowa (KAS) around what constitutes a taxable disposal of crypto in Poland is clear. You’ll need to calculate a gain or loss from the following transactions:Exchanging virtual currency for legal tender like PLN or EURExchanging virtual currency for goods, services, or property rightsSettling liabilities with virtual currencyIn other words, it’s only when you’ve converted your crypto to fiat that the KAS will tax your gains. This means lots of transactions - like trading crypto for crypto - are tax free in Poland.There is no dedicated Capital Gains Tax rate in Poland, instead gains from crypto are taxed at a flat 19% tax rate.It’s easy to calculate your gain or loss from crypto. To start, you need to know your cost basis. That’s how much your crypto cost you to acquire, plus any allowable fees like purchase fees.Once
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