Czech Crypto Tax Exemption

Czech Republic Exempts Long-Term Digital Asset Investments

Czech Republic Exempts Long-Term Digital Asset Investments

From Tax Breaks to ETFs: How Nations Are Embracing the Crypto Economy The Czech Republic has taken a significant step to foster digital asset adoption with a new law that exempts capital gains taxes for cryptocurrencies held for at least three years. Passed by the Chamber of Deputies, this legislation aligns with the European Union’s Markets in Crypto Assets (MiCA) framework. Prime Minister Petr Fiala highlighted the bill as a move toward simplifying taxation while promoting modern technology in the country. Under the new law, Czech citizens no longer need to report digital asset transactions in their tax filings if…
Read More