Poland's tax authority begins probing crypto investors using foreign data
- —The tax authority received data from Lithuania on an account balance at the end of 2021
- —The authority sought explanations for inflows of 2.5 million zloty in 2021 and 1.5 million zloty in 2022
- —Audits are launched based on risk analysis under CRS
- —The EU's DAC8 directive will require crypto exchanges to report user and transaction data
Why it matters: Tighter tax scrutiny in Poland could push crypto investors to declare income and affect capital outflows from local venues.
Source: Bithub