On 31 March 2022, the Czech tax authorities published guidance on the VAT and income tax treatment of cryptocurrency transactions. The guidance addresses the tax consequences of crypto mining, the purchase and sale of goods and services for cryptocurrency, the exchange of cryptocurrency for traditional currency and other relevant transactions. Existing tax legislation in the Czech Republic generally does not include any special provisions on cryptocurrency.
Source: BDO
Latest Posts in "Czech Republic"
- EU Approves VAT Modernization: Electronic Invoicing and Digital Reporting by 2030
- EU Packaging Regulation Faces Legal Challenges Over Reusability, Plastic Ban, and Deposit Requirements
- ECJ VAT C-513/24 (Oblastní nemocnice Kolín) – AG Opinion – Costs for non-deductible VAT activities do not guarantee proportional deductions
- Czech Tax Authority Launches Campaign to Inspect Online Retailers’ Income Reporting for Tax Compliance
- Czech Republic to Implement Updated NACE Codes from January 2026 for VAT Compliance
