Bitomats and Tax in Poland: What You Need to Know

5 min read

FAQ

Yes. Buying and selling cryptocurrency is fully legal. Tax obligations apply to the gains, not the activity itself.

No. Tax liability arises only on disposal when you sell for PLN, exchange for another asset, or use crypto to pay for goods or services.

You cannot claim a loss directly, but excess acquisition costs can be carried forward to offset future gains with no time limit.

Compliant operators report to Poland's GIFI under AML rules. From 2027, DAC8 requires CASPs to transmit full transaction records to tax authorities automatically.

Keep every bitomat receipt, transaction ID, date, and the PLN-equivalent value at the time of transaction. Retain records for a minimum of 5 years.

Localcoin operates a regulated network across Poland. All machines apply KYC compliance and issue receipts suitable for tax documentation.