Financial administration confirms rules for taxation of crypto-assets for 2025
Ahead of the standard minutes of the meeting of the Coordination Committee with the Chamber of Tax Advisors of the Czech Republic, the financial administration has published separate minutes from the discussion of a paper addressing the exemption of income from the transfer of crypto-assets for consideration. The reason is the ongoing preparation and filing of tax returns for the 2025 taxable period.
As of 15 February 2025, new rules apply in the Czech Republic for individuals regarding the taxation of income from crypto-assets (Act No. 32/2025 Coll., also amending the Income Tax Act).
This amendment has given rise to a number of questions from the professional community, which were addressed by a paper submitted to the Coordination Committee of the Chamber of Tax Advisors of the Czech Republic. The financial administration has now issued the minutes of the meeting held on 29 April 2026, which clarify some of these uncertainties.
The minutes address, in particular, the following points:
- The General Financial Directorate (GFD) confirmed that, for the purposes of applying the income tax exemption, the starting point is generally the MiCA Regulation as implemented by Act No. 32/2024 Coll. The Czech legislators have proceeded on the assumption that the exemption would apply only to crypto-assets with sufficient degree of regulation and transparency.
- For the exemption of income, a cap of CZK 100,000 per taxable period has been introduced. If the aggregate income from the transfer of crypto-assets for consideration (with the exception of electronic money tokens) received by an individual does not exceed this limit, such income is exempt from tax. The GFD confirmed that the limit shall only apply to transactions carried out on or after 15 February 2025; sale before that date is taxed under the previous rules as other income.
- Another way to claim an exemption for income from the transfer of crypto-assets for consideration is to satisfy the three-year time test. The GFD confirmed that the holding period before the amendment took effect, i.e. before 15 February 2025, is also counted towards this three-year period.
- For the purposes of the CZK 40 million cap for the exemption of income from the sale of business interests and securities, which also includes the income from the transfer of crypto-assets for consideration, only income from the transfer of crypto-assets for consideration generated after the effective date of the amendment will be taken into account.
The minutes of the Coordination Committee also mention that it will be necessary to revisit the issue of crypto-assets and resolve other related questions that the professional community continues to discuss. A joint working group of tax experts and crypto-asset specialists is working on a comprehensive paper on this topic.