📝 Description
Taxation is governed by the Income Tax Act (Section 10). In 2025/2026, the Czech Republic introduced extremely "crypto-friendly" legislation aimed at encouraging long-term investment through massive exemptions.
Today, the Czech Republic is one of the most attractive countries in Europe for crypto investors, provided you carefully track the holding period of your assets.
This guide explains the Czech legislation for individuals and the steps to follow on Waltio to generate a perfectly compliant report.
💡 Crypto Tax Essentials in the Czech Republic
Category | Tax Rule |
Tax Rate | 15% (or 23% for very high earners) |
The "Time Test" (Exemption) | 0% tax if crypto is held for more than 3 years |
The "Value Test" (Exemption) | 0% tax if annual crypto income is < 100,000 CZK (~€4,000) |
Crypto-to-Crypto Exchanges | Taxable (Unless held for > 3 years) |
Filing Deadline | Late March / early April of the following year |
💰 Calculation and Tax Rates
In the Czech Republic, crypto gains are classified as "other income." Tax is calculated on the net profit (Selling Price - Purchase Price - Fees).
Base Rate: 15% on capital gains for the majority of taxpayers.
Increased Rate: 23% on the portion of total income (salary + crypto) exceeding 1,762,812 CZK per year (approximately €70,000).
▶️ The Two Czech Exemptions (New for 2026)
The "Time Test" (The 3-Year Rule): If you sell or exchange a cryptocurrency you bought more than 3 years ago, your capital gain is totally tax-exempt (0%).
The "Value Test": Even if you held your crypto for less than 3 years, if your total crypto income for the year does not exceed 100,000 CZK (approx. €4,000), you owe no tax.
🔄 Crypto-to-Crypto Operations (Trading)
The Czech tax administration considers the exchange of one cryptocurrency for another (e.g., selling BTC for ETH) as a taxable event.
⚙️ How to set up these operations on Waltio?
Great news: Waltio considers all your Crypto-to-Crypto operations as taxable. The software's default behavior is therefore perfectly aligned with the basic Czech rule.
Your process to apply the 3-year exemption:
If some of your Crypto-to-Crypto transactions involve tokens you held for more than 3 years, they are legally exempt. To reflect this "Time Test" exemption in your Waltio tax report, simply go to your history and manually change the status of these specific exchanges to Non-taxable. This way, the software will ignore the gain on that transaction and carry over your acquisition price for the future.
🎁 Passive Income (Staking, Mining, Lending)
In the Czech Republic, the tax authorities view income from staking, mining, or liquidity pools as an active form of income ("other income"). The 3-year exemption does not apply to these generated yields.
⚙️ How are they managed on Waltio?
To ensure smooth general accounting, Waltio applies a specific default methodology:
Passive income is marked as non-taxable upon receipt.
The software assigns them an acquisition value of €0.
Consequence: Taxation is deferred until disposal. It is only when you sell these tokens (for CZK/EUR or another crypto) that the operation becomes taxable on the total amount sold.
Do you want to report upon receipt?
If you wish to comply with immediate reporting in the year of receipt, a manual process is required on Waltio. You must individually modify each passive gain transaction and enter its acquisition price (i.e., the market price on the exact day of receipt). The value will no longer be €0, and the transaction will be isolated as reportable income.
✅ What triggers tax (Crypto ➔ Fiat)
Aside from crypto-to-crypto exchanges held for less than 3 years, the 15% tax is triggered by:
A sale for currency: Converting your crypto into Czech Koruna (CZK), Euros (EUR), etc.
The purchase of a good or service: Paying for a coffee or a car with your crypto (note: if the spent crypto was held for less than 3 years, the latent gain is taxed).
As soon as a transaction is taxable, Waltio will automatically calculate your net capital gain.
📝 Filing: Calendar
Tax Period: January 1st to December 31st.
Format: To be reported in Section 10 ("Other Income") of your tax return. Social and health insurance do not apply to crypto gains.
Deadline: Paper returns are usually due by early April of the following year, with an extension (until May/June) if filing electronically or through a tax advisor.
Disclaimer: This guide is provided for informational and educational purposes only. Legislation surrounding digital assets is subject to interpretation and can change rapidly (especially with recent reforms on holding period tests). Waltio does not provide tax or legal advice. We strongly recommend consulting a tax lawyer or a certified professional in the Czech Republic to validate your personal situation.