Author

Topic: Slovakian taxes (Read 19 times)

legendary
Activity: 2744
Merit: 1708
First 100% Liquid Stablecoin Backed by Gold
March 19, 2024, 07:05:45 PM
#2
Hello friends,
I've learned that Slovakia only taxes crypto at 7% since this year, compared to Poland's 19%. Has anyone considered moving to Slovakia to withdraw?

this is worth to look if taxes in Slovakia are so significantly lower,

indeed there can be many people interested in such opportunity, not only from Poland but Germany and other countries
newbie
Activity: 10
Merit: 0
March 13, 2024, 07:17:50 AM
#1
Hello friends,
I've learned that Slovakia only taxes crypto at 7% since this year, compared to Poland's 19%. Has anyone considered moving to Slovakia to withdraw?
I'm wondering how it would work if I sold crypto for USDC (not taxed) and then moved to Slovakia where you have to hold for a year to be taxed at this rate. Would I even have to hold for a year since it's a stablecoin? Would the tax be counted on the currency rates from the sale a year ago, or from the day I convert USDC to fiat?
I'm looking for a tax advisor that could help with this, but I'm having troubles finding one.
Cheers.
Jump to: