Czech Republic Tax Agency Issues Guidance on Individual Income Tax Exemptions for Crypto-Asset Sale Income

The Czech Financial Administration April 30 issued guidance on individual income tax exemptions for income from transfers of crypto-assets for consideration, contained in amendments enacted by Law No. 32/2025. Topics covered include: 1) the interpretation of crypto-assets in line with the EU’s Markets in Crypto-Assets (MiCA) Regulation, 2023/1114/EU; 2) a value-based exemption, capped at100,000 Czech korunas (US$4,847), which excludes electronic money tokens; 3) the inclusion of income realized from Feb. 15, 2025, to Dec. 31, 2025, in calculating the 100,000 koruna limit for 2025; 4) a time-based exemption, capped at 40 million koruna (US$1.9 million) in crypto-asset and specified share ...