Poles Hit With Backdated Tax on Crypto Trades

Poles Surprised With a Tax on Crypto Trades Before July 2018Crypto traders in Poland have been unpleasantly surprised with a controversial tax they thought they wouldn’t have to pay. The Civil Law Transactions Tax (PCC) is applicable to digital asset trades conducted before the introduction of last year’s moratorium on its collection, the Polish tax administration recently clarified. The matter has been discussed on European […]

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Poland Buys Back 100 Tons of Gold From the Bank of England

TheMerkle Petro Gold VenezuelaPoland is one of the world’s biggest producers of gold. In a new turn of events, the government decided to flex its financial muscles through an intriguing acquisition.  Most economies around the globe are struggling or in shambles. Poland Stock up on Gold Poland is one notable exception, at least where the official figures are concerned. Its current economy stands at $586 billion and is largely considered to be healthy.  To further strengthen this image, the Polish central bank made an intriguing move. It decided to buy 100 tons of gold from the Bank of England. This marks an intriguing

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Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested

Bitfinex Claims to Be Victim of Crypto Capital Fraud After President ArrestedThe operators of Bitfinex claim that the cryptocurrency exchange is a victim of fraud committed by its payment processor Crypto Capital. The men behind Crypto Capital now face charges related to money laundering in Poland and the U.S. Also Read: Tether Created ‘Largest Bubble in Human History’ Claims Lawsuit Against Bitfinex Crypto Capital Leadership Accused […]

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Tax Form to Report Revenues From Cryptocurrency Trading Issued in Poland

Tax Form to Report Revenues From Cryptocurrency Trading Issued in PolandAuthorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read: Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates Polish […]

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