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)

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
View quoted note →
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…
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. 🙂
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 10 months ago
my favorite beer happens to be made there.
Jamie's avatar
Jamie 10 months 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.
Sean's avatar
Sean 10 months 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?
Jamie's avatar
Jamie 10 months 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.
Sean's avatar
Sean 10 months ago
Ahhhhh I see now. “up to a threshold” Thank you
hasky's avatar
hasky 10 months ago
why after three years ? asking for bitcoin donut
I’ll be at the conference this June.🙌 I might not leave! Anyone willing to hire a soon to be American refugee? 😅