BREAKING: CZECH HODLERS WIN: No Bitcoin Taxes After 3 Years! šš„
Itās official! The Czech president has signed the new law, bringing huge benefits for Bitcoin holders in the country.
ā No capital gains tax on BTC after 3+ years of holding
ā A time & value test to support long-term investors
ā Pro-Bitcoin regulations for both individuals & businesses
This is a major step for Bitcoin adoption in Europe!
A step in the right direction to encourage the usage of bitcoin as a MoE
This is a huge step in the right direction. Bitcoin needs to be used more as a MoE
Great law!
It really wouldāve 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 isā¦
Why the three years ?
To build diamond handed plebs! š
It discourages people to use it though. Imagine having to wait 3 years to spend your paycheck
I understand. I guess itās 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. š
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
"Czechoslovakia is an antisemitic nation" articles dropping in 3.. 2..
Imagine having to wait 3 years to spend your paycheck
HODL, you are your incentive. You can choose for Sovereignty!
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How do I move to Czechia ???
Many congratulations to the forward thinking Czech government and people.
Wow!! Thatās awesome!!
my favorite beer happens to be made there.
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.
Iām confused here.
What do you mean by ātax free sellsā
Isnāt 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?
could you please share what new btc regulations are created specifically for business over there?
why after three years ? asking for bitcoin donut
š§”š§”
Iāll be at the conference this June.š
I might not leave! Anyone willing to hire a soon to be American refugee? š
