In order of events, tax laws on crypto were introduced by regulatory bodies years ago. Initially, these frameworks rarely coexisted and were very confusing, but today countries dictate a formalized set of guidelines about crypto transactions. The repeated themes from most tax regimes are NFT and DeFi taxation.
Given the complex nature of these transactions, authorities either have inexplicit tax treatments for the earnings or classify them under general tax rules. Poland has a concreter egulatory framework for cryptocurrencies, yet on NFTs and DeFi, the situation remains gray. Investors carry the responsibility of interpretation.
Today we delve into the current stance of Poland on the crypto tax, including NFTs and DeFi, and discuss how investors can efficiently navigate through tax compliance.
Updated Crypto Taxation in Poland 2025
Poland's crypto tax regime is one of the more well-organized systems in the EU. By 2025:
- Flat 19% tax will apply to most taxable crypto events.
- Since cryptocurrencies are treated as property for tax purposes, taxes become payable when crypto is converted to fiat (PLN or EUR) or is utilized for buying goods and services.
- Crypto-to-crypto transactions remain untaxed, a matter of relief for active traders.
- Since the legislative framework for NFT and DeFi transactions is missing, it is causing uncertainty for investors.
A Primer on Crypto Taxation in Poland
Crypto taxes in Poland are triggered primarily on conversion to fiat or spending crypto. The method is fairly simple:
- Tax allowable costs: Each purchase of crypto generates deductible costs, aggregated annually.
- Taxable income: Each sale generates taxable income, which is also aggregated annually.
Reconciliation, end of year:
- If tax allowable costs exceed incomes → declare a loss to carry forward.
- If incomes exceed costs → pay 19% tax on the excess.
Additional considerations:
- Mining and staking rewards are taxed at their full value on conversion to fiat, irrespective of the cost base.
- Gifts, donations, and inheritance of crypto assets are subject to gift/inheritance tax, based on fair market value and relationship between donor and donee.
- It is advised to get a professional opinion on account of several inconsistencies in the law.
- NFT Taxation in Poland
- The Polish tax authorities have not issued any guidelines concerning NFTs to date. The current practice seems to be this:
- Profits from the sale of NFTs for fiat are probably subject to income tax at 19%.
- NFT-to-NFT trade (crypto-to-crypto) is nota taxable event.
- Sale of NFTs for crypto (say, ETH or SOL)becomes liable for tax at the moment crypto is converted to fiat.
- NFT royalties could be charged as business income and taxed as such.
The bottom line: NFT holders ought to maintain careful transaction records and get professional advice for clarity.
DeFi Taxation in Poland
DeFi transactions remain mostly unregulated, thereby leaving investors to interpret these under the existing provisions of income tax.
Profits from staking, yield farming, lending, or liquidity pools are deemed income, so they should be taxed at 19%once converted into fiat.
Because most of the DeFi rewards are sent in crypto, reporting can be complex.
Tax professionals can help ensure compliance for such grey-area transactions.
While NFT- and DeFi-related tax rules remain uncertain in Poland, one crypto tax software called Kryptos simplifies compliance:
- From wallets and exchanges, data are imported automatically
- Gains are calculated and a 19% tax is applied as per Polish law
- It generates audit-ready reports
- It captures crypto-to-fiat conversions with exact PLN values
- Finds opportunities to carry loss forward
- Consolidates income from mining, staking, and DeFi
- In ambiguous situations, such as with NFTs and wrapped tokens, consultant-backed guidance is provided
Cryptocurrency tax filing in Poland is already daunting, with ambiguities surrounding NFT and DeFi tax rules. Kryptos provides an intelligent automated solution that prints out accurate tax reports, ensuring compliance while also providing access to expert consultants in case of difficulty with transactions.
The Antivirus System Kryptos is the security blanket for investors willing to grow their portfolios with no fear of regulatory uncertainty.
