Bitcoin & cryptocurrency tax overview
Capital Gains Tax
Crypto disposals are taxed as capital gains (przychody z kapitałów pieniężnych) at a flat 19% rate. Gains are calculated as proceeds minus acquisition cost. Losses can be offset against other capital gains within the same tax year.
Income Tax
Mining and staking rewards are generally treated as income from other sources (inne źródła) or business income, taxed at progressive rates of 12% and 32%, or 19% flat if conducted as business activity. Classification depends on scale and regularity.
VAT / GST
Exempt. Following the CJEU Hedqvist ruling (C-264/14), the exchange of cryptocurrencies for fiat currency is VAT-exempt in Poland under the financial services exemption.
Mining Tax
Miners operating as sole traders or businesses are taxed under business income rules. They may elect 19% flat tax (podatek liniowy) or progressive rates. Costs of mining equipment and electricity may be deductible against business income.
Poland taxes individual crypto capital gains at a flat 19% rate, reportable annually on the PIT-38 form. Mining and staking income may be taxed as business or other income at progressive rates up to 32%. Crypto-to-fiat exchanges are VAT-exempt, and losses from crypto can generally be offset against other capital gains in the same year.
Community-sourced data. If you spot an error, please let us know.
This information is for general reference only and should not be considered tax advice. Tax laws change frequently and may vary based on individual circumstances, residency status, and transaction type. Always consult a qualified tax professional in your jurisdiction before making financial decisions based on this information.