Unsure how crypto is taxed in Poland? This guide explains when taxes apply, which rates are used, and how to stay compliant.
Key Takeaways
Crypto disposals are taxed at a flat Capital Gains Tax (CGT) of 19%
No distinction between long-term and short-term holdings
Effective tax rate can reach 23% (19% + 4% solidarity surcharge above PLN 1 million total income)
Crypto-to-crypto transactions are not taxable
Tax is triggered only when converting crypto to fiat or using it
Crypto income (staking, lending, etc.) is taxed only upon fiat conversion
Cost basis for such income is zero
Fees are deductible
Reporting via PIT-38, deadline: 30 April
Taxation for Private Investors
Crypto gains in Poland are subject to a flat 19% Capital Gains Tax.
There is no holding period exemption—gains are taxable regardless of how long the asset was held.
Unlike many countries, crypto-to-crypto trades are not taxed. Tax applies only when crypto is converted into fiat or used economically.
When Are Crypto Gains Taxable?
Taxable Disposals
The following events trigger taxation:
Selling crypto for fiat (e.g. PLN, EUR)
Paying for goods or services with crypto
Using crypto to settle liabilities
Non-Taxable Events
Crypto-to-crypto trades (e.g. BTC → ETH)
Holding crypto
Capital Gains Tax Rate
Deductible Fees
Transaction-related fees can be deducted and reduce the taxable gain.
Proper documentation is recommended.
Loss Treatment
Losses can be declared via PIT-8
Can be carried forward to future years (as expenses)
Tax on Crypto Income
Poland applies a unique rule:
No taxation at receipt
Tax only applies when crypto is converted to fiat
Cost basis = 0
This applies to:
Staking rewards
Lending income
DeFi income
Salaries paid in crypto
Staking Example
At receipt → no tax
At sale (fiat conversion) → full amount taxed (cost basis = 0)
Tax rate: 19% (or 23% if applicable)
DeFi Income
No tax when rewards are received
Tax applies only when converting to fiat
Entire amount is treated as gain
Trading (Spot, Futures, Margin)
All trading types are treated equally:
Spot
Futures
Margin
Derivatives
All fall under 19% Capital Gains Tax
Tax Year and Filing
Tax year: Calendar year (Jan 1 – Dec 31)
Tax Return
Poland Crypto Tax at a Glance
Conclusion
Poland offers a relatively straightforward crypto tax system:
Flat tax rate
No taxation on crypto-to-crypto trades
Deferred taxation of crypto income
Accurate tracking of transactions and proper reporting via PIT-38 is essential.
Disclaimer
This guide is for informational purposes only and does not constitute tax, legal, or financial advice. Tax laws may change. Consult a qualified tax professional for individual advice.