The Ministry of Finance has asked investors from the cryptocurrency market to abstain from filing tax returns on civil-law activities until tax solutions have been developed.
The virtual money market representatives intended to strike on Friday under the MF building against the taxation of PCC revenue from cryptocurrency. The Ministry reacted quickly, ensuring that it began work on developing satisfactory solutions.
- We decided to start legislative work. It is important to consider the creation of regulations that will allow for the exemption from the PCC of this type of transaction. The MF shall cooperate with the Financial Supervision Commission. Pending the development of the target regulation, temporary solutions will apply,” said Deputy Minister Paweł Gruza.
At this point, natural persons who do not engage in economic activity should benefit from a declaration when making annual accounts PIT-36, where the amount of revenue from the trading of cryptocurrency should be entered in the field of copyright and other rights.
The cost shall be considered to be expenditure on the purchase of virtual currencies and the commission of the exchange. People operating on progressive income tax should also choose PIT-36, and persons for business and liner tax – PIT36L – here income or losses must be noted in the field of non-agricultural business activity.