The new Czech tax law encourages long-term holding of currency, and holding it for more than 3 years is exempt from capital gains tax
2024-12-07 01:57:03
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According to the Parlamentní Listy news website, the Czech Republic's new tax exemption law introduces clear conditions explaining the conditions under which cryptocurrency transactions can be exempt from personal income tax. Among them: Exemption is available if an individual's gross annual income from crypto asset transactions does not exceed CZK 100,000 (approximately $4,000). In addition, digital assets held for more than three years before sale are also eligible for tax exemption.
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