Poland 1% bitcoin sales tax

Sat 14th Apr 2018

The Polish Finance Ministry has made all bitcoin trades subject to a 1% turnover tax.

The tax, Podatek od czynności cywilnoprawnych, is a limited financial transaction tax on certain loans and mortgages.

Under EU VAT rules, following an ECJ ruling, cryptocurrencies are treated as a private currency and therefore not subject to VAT on trades. Gains are still though subject to capital gains tax or corporation tax.

Click for free Polish VAT info