How to Save Crypto Tax in Poland

How to Save Crypto Tax in Poland

Poland taxes cryptocurrency gains as part of your overall taxable income at a flat 19% rate on net profits from disposing of crypto assets. Without planning, this tax can take a significant bite out of your actual earnings.

The good news is that with the right strategies—including loss harvesting, timing disposals, accurate cost basis tracking, and proper income classification—you can legally reduce your Polish crypto tax bill in 2026.

This guide explains tax-saving strategies tailored to Polish crypto tax rules and how Kryptos helps you optimise your tax position.

Poland Crypto Tax Rules – Updated for 2026

Understanding how Poland taxes crypto is essential before applying any tax-saving strategies.

1. 19% Flat Tax on Crypto Gains

In Poland, gains from selling or disposing of cryptocurrency are treated as taxable income:

• Taxed at a flat 19% rate on net capital gains
• Applies to crypto sold for fiat
• Applies to crypto sold for other assets
• Applies to crypto used for payments (treated as disposal)

Taxable gain = Amount received − Acquisition cost

2. Crypto-to-Crypto Trades

Exchanging one cryptocurrency for another is generally not a taxable event in Poland. Only the final disposal—such as selling to fiat or using crypto for payments—triggers tax.

Maintaining accurate, audit-ready records is crucial.

3. Mining and Staking Rewards

Rewards received from mining or staking are considered taxable income when you sell or dispose of those rewards, as they typically have a zero cost basis.

This makes proper tracking and timing especially important.

4. Airdrops, Forks, and Token Rewards

Crypto received through airdrops or forks is generally taxable when sold or otherwise disposed of. Accurate reporting and cost basis documentation are essential to avoid overstating gains.

5. Filing Requirements

Crypto gains must be reported in your annual Polish tax return using:

• PIT-38 or another applicable PIT form
• Full reporting of all taxable crypto transactions
• Accurate acquisition and disposal details

Failure to report properly can result in penalties and increased scrutiny.

How to Save Crypto Tax in Poland – Legal Strategies

1. Harvest Losses to Offset Gains

Realised losses can be used to reduce net gains in the same tax year.

Strategy:

• Sell underperforming positions strategically
• Offset losses against profitable trades
• Reduce total taxable income

Example:

• Profit: 100,000 PLN
• Loss: 40,000 PLN
• Net taxable gain: 60,000 PLN
• Tax savings at 19%: 7,600 PLN

Without loss harvesting, many investors overpay tax.

2. Time Disposals Around Lower-Income Years

Tax applies only when gains are realised.

Strategy:

• Plan disposals in years when your total income is lower
• Avoid realising large gains in high-income years

Timing matters, especially if your employment or business income fluctuates.

3. Track Cost Basis Accurately

Poland taxes gains as the difference between sale proceeds and cost basis.

Strategy:

• Maintain acquisition cost and date records
• Include transaction fees and commissions
• Use a consistent cost-basis method (FIFO is recommended)

Accurate cost basis tracking directly reduces taxable gains.

4. Distinguish Income vs Capital Gain Events

Mining rewards, staking rewards, salaries, and airdrops have different tax implications.

Strategy:

• Track crypto income separately
• Document when tokens were received and their fair market value
• Treat income as taxable only when disposed of (per local guidance)

Correct classification prevents overreporting.

5. Use Non-Taxable Events Where Possible

Certain crypto activities are not taxable:

• Buying crypto with fiat
• Transfers between your own wallets
• Holding crypto without selling

Strategy:

• Plan internal transfers carefully
• Avoid unnecessary disposals that trigger tax

6. Don’t Ignore Small Transactions

Even small gains are taxed at 19%.

Strategy:

• Track all small transactions accurately
• Consolidate or defer small disposals into planned tax years
• Avoid random, unplanned sales

7. Consider Professional Structuring for Frequent Trading

If your activity resembles a business (frequent or systematic trading), tax treatment may change.

Strategy:

• Evaluate whether operating through a business entity offers better tax efficiency
• Business structures may allow deductions unavailable to individuals

Consult a tax professional if your trading resembles professional activity.

Common Mistakes That Increase Crypto Tax in Poland

• Not harvesting losses against gains
• Poor cost basis tracking
• Misclassifying income events as capital gains
• Ignoring wallet-to-wallet transfers
• Forgetting to record small trades
• Not planning disposals around income levels

These mistakes often result in unnecessary tax liabilities.

How Kryptos Helps You Save Crypto Tax in Poland

Smart tax saving starts with accurate data.

Kryptos helps Polish crypto investors by:

• Automatically importing transactions from wallets and exchanges
• Calculating gains and losses using consistent cost basis
• Tracking realised and unrealised gains in real time
• Identifying loss-harvesting opportunities before year-end
• Separating income events from capital gains
• Generating ready-to-file summaries for PIT forms
• Maintaining audit-ready documentation

With real-time insights, you can make strategic decisions before tax season, when they matter most.

Frequently Asked Questions

1. What is the crypto tax rate in Poland?
Crypto gains are taxed at a flat 19% rate on net gains.

2. Are crypto-to-crypto trades taxed in Poland?
No. Crypto-to-crypto swaps are generally not taxable on their own.

3. Can losses offset gains?
Yes. Realised losses in the same tax year can reduce taxable gains.

4. Is staking or mining income taxable?
Yes. Mining and staking rewards are taxable when disposed of or realised.

5. Are transfers between my own wallets taxable?
No. Internal transfers do not trigger taxable events.

6. How does Kryptos help optimise crypto taxes in Poland?
Kryptos automates tracking, calculates gains and losses, highlights tax-saving opportunities, and prepares ready-to-file summaries.

Conclusion

Saving crypto tax in Poland in 2026 requires proactive planning:

• Harvest losses before year-end
• Time disposals strategically
• Maintain accurate cost basis records
• Separate income from capital gains
• Track all transactions carefully
• Evaluate activity level for structural advantages

Using tools like Kryptos allows you to automate complex calculations, identify savings opportunities early, stay compliant, and legally minimise your crypto tax burden.

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