Poland Incorporates DAC8 Directive into Legislation, Cryptocurrency Tax Evaders May Face Maximum 75% Punitive Tax Rate

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.

View Original
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.
Comment
0/400
No comments