Deputies gave their nod to milder taxation of the crypt

Dear clients,

On Friday, December 6, the Chamber of Deputies approved a proposal that will allow the sale of cryptocurrencies to be subject to a time test, similar to that for stocks. This means that people who do not sell their cryptocurrency for three years do not have to pay tax on profits from this transaction up to CZK 40 million. Anyone who sells cryptocurrencies up to CZK 100,000 in a calendar year will also be exempt from tax.

Source: https://www.idnes.cz/ekonomika/domaci/bitcoin-kryptomeny-casovy-test-daneni-prani-penez.A241206_104149_ekonomika_alis

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