Poland Bitcoin Transaction Subject to a Flat 1% Economic Tax Levy.
Poland
Bitcoin Transaction Subject to a Flat 1% Economic Tax Levy.
Polish Finance Ministry
has now brought into effect an all new law that requires every
cryptocurrency transaction to be subject to a flat 1% economic tax
levy. the government also requires cryptocurrency traders and holders
to pay an additional income tax between 18% – 32% on their altcoin
savings.
This has caused
outrage within the national crypto-community and many traders
helpless since the Polish tax season is now coming to a close,
requiring all citizens to file their federal taxes by April 30.
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