December 18, 2024

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A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies

1 min read
A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto Policies
A Crypto Tax Paradise? Czech Republic Pioneers Tax-Free Crypto PoliciesCzech lawmakers have approved a groundbreaking tax reform exempting bitcoin and other digital assets from capital gains tax if held for over three years, effective Jan. 1, 2025. Additionally, annual crypto income below CZK 100,000 ($4,000) will be tax-free. Prime Minister Petr Fiala highlighted the policy as a move to simplify taxation, promote long-term holding […]