BTC Prague's avatar
BTC Prague btcprague@btcprague.com 1 year ago
BREAKING: CZECH HODLERS WIN: No Bitcoin Taxes After 3 Years! 🏆🔥 It’s official! The Czech president has signed the new law, bringing huge benefits for Bitcoin holders in the country. ✅ No capital gains tax on BTC after 3+ years of holding ✅ A time & value test to support long-term investors ✅ Pro-Bitcoin regulations for both individuals & businesses This is a major step for Bitcoin adoption in Europe! image

Replies (23)

Len AKA The Lengend⚡'s avatar
Len AKA The Lengend⚡ cbplen@canadianbitcoiners.com 1 year ago
A step in the right direction to encourage the usage of bitcoin as a MoE
BTC Prague's avatar BTC Prague
BREAKING: CZECH HODLERS WIN: No Bitcoin Taxes After 3 Years! 🏆🔥 It’s official! The Czech president has signed the new law, bringing huge benefits for Bitcoin holders in the country. ✅ No capital gains tax on BTC after 3+ years of holding ✅ A time & value test to support long-term investors ✅ Pro-Bitcoin regulations for both individuals & businesses This is a major step for Bitcoin adoption in Europe! image
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samuel's avatar
samuel _@bitcoinstr.us 1 year ago
Great law! It really would’ve been cool if they just said through one having cycle. I think someone needs to propose that here for the US no tax if you can hold bitcoin through a having cycle, full having cycle that is…
Ragnar's avatar
Ragnar ragnar@nostrplebs.com 1 year ago
I understand. I guess it’s not for everyone. Perhaps they want to build low time preference plebs and long term stackers. It is easy for me as I have not touched my stack in over 7 years. But I understand why other people may find it difficult. 🙂
1 replies ↓
Neo's avatar
Neo neobtc@primal.net 1 year ago
Not saying this is bad, it's definitely a huge step in the right direction and would love to see it happening in every country
boojiboy's avatar
boojiboy 1 year ago
my favorite beer happens to be made there.
Jamie's avatar
Jamie 1 year ago
Great for them. If they also have tax free sells up to a threshold then the combination would amazing. I live in Canada where it is all cap gains. As #bitcoin related technologies progress, it has become completely unacceptable.
1 replies ↓
Sean's avatar
Sean 1 year ago
I’m confused here. What do you mean by “tax free sells” Isn’t the whole point of saying no capital gains tax on 3+ years of holding equivalent to saying tax free sells after 3+ years of holding?
1 replies ↓
Jamie's avatar
Jamie 1 year ago
I’m talking about the scenario where someone doesn’t wait 3 years and wants to sell a portion. As an example, the government could allow $10,000 a year tax free.
1 replies ↓
Sean's avatar
Sean 1 year ago
Ahhhhh I see now. “up to a threshold” Thank you
AULANI 's avatar
AULANI AULANI@primal.net 11 months ago
I’ll be at the conference this June.🙌 I might not leave! Anyone willing to hire a soon to be American refugee? 😅
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