Poland 1% bitcoin sales tax
- Apr 13, 2018 | Richard Asquith
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.
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