Gate News, March 18 — According to Cryptopolitan, Polish President Karol Nawrocki signed a new law earlier this month to officially incorporate the EU DAC8 Directive (the Eighth Amendment to the EU Administrative Cooperation Directive on Direct Taxation) into national legislation. Under the new regulation, investors who fail to report their cryptocurrency earnings will face a punitive tax rate of up to 75%.
The DAC8 Directive specifically targets digital assets, requiring exchanges, brokers, and wallet service providers to collect user and transaction data and report it to tax authorities. Tax departments across member states will automatically share this information. The Polish National Tax Administration (KAS) will use this to monitor holdings and transactions of cryptocurrency investors within the country.
Local media estimate that about 3 million people in Poland hold cryptocurrencies, but currently only around 1% of investors pay taxes legally. According to current regulations, cryptocurrency trading gains must be reported via the PIT-38 form by April 30, 2026, with a flat capital gains tax rate of 19%. Mining and staking rewards are tax-exempt upon receipt but must be taxed when exchanged for fiat currency.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tennessee Becomes Second U.S. State to Ban Crypto ATMs; Violations Carry Class A Misdemeanor
Gate News message, April 26 — Tennessee has become the second U.S. state to outright ban crypto ATMs statewide, with Governor Bill Lee signing House Bill 2505 into law on April 13. The measure, which passed both chambers unanimously, officially takes effect on July 1.
The law prohibits the
GateNews1h ago
U.S. DOJ Drops Criminal Probe Into Fed Chair Powell, Clearing Path for Crypto-Friendly Kevin Warsh Confirmation
Gate News message, April 26 — The U.S. Department of Justice has dropped its criminal investigation into Federal Reserve Chair Jerome Powell on Friday (April 25), clearing the way for the Senate to confirm incoming central bank chair Kevin Warsh. U.S. Attorney for the District of Columbia Jeanine
GateNews2h ago
US Sanctions Iran-Linked Crypto Wallets; Tether Freezes $344 Million in USDT
Gate News message, April 26 — U.S. Treasury Secretary Scott Bessent announced that the federal government is sanctioning multiple wallets linked to Iran as part of efforts to increase economic pressure on the country. The move follows Tether's decision on Thursday, April 24, to freeze $344 million w
GateNews3h ago
Two South Korean Army Officers Sentenced to 2 Years for Illegal Crypto Exchange Operations and Drug Money Laundering
Gate News message, April 26 — Two active-duty South Korean Army officers in their 30s from the Special Warfare Command were each sentenced to two years in prison and fined 54.69 million Korean won by Changwon District Court on April 26 for operating an unlicensed virtual asset exchange and
GateNews3h ago
Brazil Bans Polymarket, Kalshi in Prediction Market Crackdown
Brazil has enacted a sweeping ban on prediction markets and betting platforms, according to local media and government filings. The Banco Central do Brasil issued a resolution prohibiting the two leading prediction markets, Polymarket and Kalshi, from operating in the country due to non-compliance w
CryptoFrontier3h ago
SEC Chair Paul Atkins Announces Digital Asset Classification Framework with CFTC
Gate News message, April 26 — U.S. Securities and Exchange Commission Chair Paul Atkins has reaffirmed efforts to advance "Project Crypto" and announced a joint initiative with the Commodity Futures Trading Commission (CFTC) to establish a digital asset classification framework that will clarify
GateNews4h ago
