Poland Integrates EU Directive on Digital Assets into National Law

Poland has officially incorporated the EU's DAC8 directive into its national legislation, following a recent signing by President Karol Nawrocki. According to ChainCatcher, this new law imposes a punitive tax rate of up to 75% on investors who fail to report cryptocurrency earnings as required. The DAC8, or the eighth amendment to the EU Directive on Administrative Cooperation in Direct Taxation, specifically targets digital assets. It mandates that platforms such as exchanges, brokers, and wallet service providers collect user and transaction data and report it to tax authorities. Member states' tax departments will automatically share this information. The Polish National Revenue Administration (KAS) will use this data to monitor the holdings and transactions of domestic cryptocurrency investors. Local media estimate that around 3 million people in Poland own cryptocurrencies, yet only about 1% currently pay taxes in compliance with the law. Under existing regulations, cryptocurrency trading income must be declared by April 30, 2026, using the PIT-38 form, and is subject to a uniform capital gains tax rate of 19%. Mining and staking rewards are tax-exempt upon receipt but become taxable when converted to fiat currency.