//Guys, polish government has just destroyed all crypto trading by publishing a new tax law “interpretation”. By trading 15000 USD you can pay even 500000 USD tax.

Guys, polish government has just destroyed all crypto trading by publishing a new tax law “interpretation”. By trading 15000 USD you can pay even 500000 USD tax.

Ministry of Finances has just published an announcement, which can cause massive bankrupties or even suicides of people trading cryptos (especially those day-trading).From buying/selling capital of 15000 dollars worth of cryptocurrency, you can pay even 500,000 dollars tax or more. Sounds completely unrealistic ? Yet it is the state of reality in Poland now.Sources:[1] [Translate][2] [Translate][3] [Translate]Oh by the way for those that didn’t know: in Poland the IRS has a time machine. For them, the law works even back in time. I am serious. They don’t change the law, they just change the interpretation which can reverse their previous decisions even 10 years back in time.I know you guys cannot do anything about this, but maybe giving the topic some publicity abroad could help our case. Our government is usually only concerned when it is massively criticized from all sides.If we don’t do anything soon, this will go into law and cryptocurrency trading (or even using it) could case to exist in our country.Also X-Posted to r/btc

Ministry of Finances has just published an announcement, which can cause massive bankrupties or even suicides of people trading cryptos (especially those day-trading).

From buying/selling capital of 15000 dollars worth of cryptocurrency, you can pay even 500,000 dollars tax or more. Sounds completely unrealistic ? Yet it is the state of reality in Poland now.

Sources:

[1] [Translate]

[2] [Translate]

[3] [Translate]

Oh by the way for those that didn't know: in Poland the IRS has a time machine. For them, the law works even back in time. I am serious. They don't change the law, they just change the interpretation which can reverse their previous decisions even 10 years back in time.

I know you guys cannot do anything about this, but maybe giving the topic some publicity abroad could help our case. Our government is usually only concerned when it is massively criticized from all sides.

If we don't do anything soon, this will go into law and cryptocurrency trading (or even using it) could case to exist in our country.


Also X-Posted to r/btc