The Czech Republic’s finance minister proposed removing a 40 million Czech koruna ($1.82 million) annual cap on tax-exempt gross proceeds from personal sales of shares and crypto assets.
Finance Minister Zbyněk Stanjura submitted the proposal Thursday during a sitting of the lower house of parliament. If approved, it would take force Jan. 1, 2026.
- According to the proposal, the cap has resulted in confusion in acquisition cost allocation in regards to the cap and obstructed transfers of companies to new owners.
- Its removal should lead to “the revival and removal of obstacles to entrepreneurship in the capital ...
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