In fresh years cryptocurrency has become an increasingly popular means of investment and payments, both in Poland and worldwide. Although initially treated as an alternate form of assets, they are now a major part of the financial market. Due to the increasing interest in cryptocurrency, more and more countries decide to regulate them as well as taxation. In Poland the subject VAT on cryptocurrency It is becoming more and more up-to-date and the government is considering changes in regulations that could apply as early as 2025. Should Polish investors and cryptocurrency holders prepare for changes in the taxation system? What are the chances of introducing fresh burdens?
Current legal position of cryptocurrency in Poland
Currently in Poland cryptocurrency they are treated as digital assets and their circulation is not taxed on goods and services (VAT). Cryptocurrency income are taxed on general terms and subject to taxation Personal income taxation (PIT). These provisions impose an work to settle the gross from cryptocurrency transactions in the yearly taxation return. It is crucial to remember that the profit from cryptocurrency transactions is treated as Capital income, which means that it is taxable at 19%.
For legal persons, specified as cryptocurrency trading companies, income is taxed in accordance with corporate taxation government (CIT). However, it should be noted that the current rules are comparatively flexible and cryptocurrency is mainly treated as a form of Capital investment.
Changes in regulations – what can change in 2025?
Over the last fewer years, there have been proposals in Poland to introduce fresh cryptocurrency regulations. The main discussions afraid issues taxing cryptocurrency transactions and introduction of taxation at transaction level. Although no drastic changes were introduced in Poland in 2024, forecasts indicate that in 2025 we can look forward to fresh regulations.
Many experts indicate that the government can opt for Introduction of a cryptocurrency transaction tax or even from an increase in the value of cryptocurrency. specified a step would aim to increase budgetary gross and regulate the cryptocurrency market, which is inactive treated by many as a grey zone. These proposals may include, inter alia, taxation of everyone the sale of cryptocurrency or hers Exchange into conventional currency, which could affect the regular operations of investors.
What changes can investors face?
If in 2025 the government introduces fresh regulations on cryptocurrency taxation, they may include different forms of tax burden. 1 of the most common proposals is transaction tax cryptocurrency. In that case, any purchase-sale transaction of cryptocurrency could be taxed, whether it has made a profit or not. That would mean that investors they would be obliged to pay taxation for each transaction, which could increase the fiscal burden on the cryptocurrency market.
It is besides worth noting that in the case of introduction tax on the increase in cryptocurrency valueinvestors who have long held their assets could be forced to pay taxation on Unrealised gains. specified a taxation could affect investor decisions by changing the approach to long- and short-term investment.
Market reaction to possible changes
If fresh provisions concerning VAT on cryptocurrency will be introduced in 2025, could trigger mixed marketplace reactions. On the 1 hand, investors and cryptocurrency companies may fear higher transaction costs and difficulties in taxation settlement. The introduction of fresh burdens could reduce investor activity in the cryptocurrency market, as well as increase transaction costs, which in turn could affect cryptocurrency prices.
On the another hand, more transparent regulation could attract more organization investorswho inactive fear the deficiency of clear rules in Poland. The regulation of the cryptocurrency marketplace could besides contribute to greater stableness in this marketplace and reduce the risks associated with the alleged "grey marketIt’s okay. ”
What are the chances of introducing fresh legislation?
Governments of many countries, including Poland, are starting to see possible VAT on cryptocurrency. all year the number of people investing in cryptocurrency increases, making this marketplace increasingly crucial from a fiscal point of view. Although no revolutionary changes were introduced in Poland in 2024, the government may decide to introduction of additional loads in the coming years. From a fiscal perspective, regulation may prove unavoidable, especially if the country seeks greater control of the financial market.
Although taxing cryptocurrency in Poland is inactive in the reflection phase, the government in 2025 may decide to introduce fresh rules. The cryptocurrency investors must prepare for possible changes that may affect their taxation burden. It will surely be a subject that will origin much controversy among the Polish cryptocurrency market.
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