Articles for tag: Bitcoin, capital gains tax, crypto tax exemption, cryptocurrency legislation, Czech Republic, Digital Assets, long-term investment

December 7, 2024

Czech Republic Abolishes Capital Gains Tax on Bitcoin Held for Three Years: A Boost for Crypto Investors

The Czech Republic is set to exempt Bitcoin held for more than three years from capital gains tax starting in 2025. This new law was approved by the parliament and focuses on individuals, provided their total gross income from crypto asset sales does not exceed CZK 100,000 within a tax year. However, to qualify for ...

December 6, 2024

Market News

Crypto

Czech Republic HODLers: Enjoy Zero Capital Gains Tax on Bitcoin from January 2024 for Long-Term Investments

The Czech Republic has approved a new amendment that allows individuals to exempt certain income from cryptocurrency transfers from personal taxation, starting January 1, 2025. To qualify for this exemption, individuals must ensure their gross annual income from crypto transactions does not exceed CZK 100,000 and that they hold the digital assets for more than ...