Authorities in Poland have clarified the taxation of revenues obtained from cryptocurrency trade transactions. The Ministry of Finance has just lately printed a 2019 tax type that has a devoted part the place taxpayers are anticipated to declare individually proceeds from crypto buying and selling.
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Polish Taxpayers to Declare Crypto-Associated Revenue
Ministerstwo Finansów unveiled this month the brand new PIT-38 (private revenue tax) type which is able to simplify the reporting and settlement of taxes associated to cryptocurrencies. The shape might be utilized by personal people residing in Poland. The nation’s finance ministry claims it’ll make crypto taxation simpler and extra clear.
The up to date type permits Polish taxpayers to enter proceeds from the sale of digital currencies and supply information concerning the prices of buying digital cash and…