Poland · 2025
Poland Capital gains tax calculator
Work out the Polish capital gains tax (podatek od zyskow kapitalowych, commonly called "podatek Belki") on investment gains for 2025. A flat 19% applies to gains from selling shares, bonds, derivatives, fund units and cryptocurrency, as well as to interest and dividends. These gains are reported on form PIT-38 and are taxed separately from salary, so the progressive scale and its tax-free amount do not apply.
| Taxable gain | 20 000,00 zł |
| Annual tax-free allowanceNo exempt amount applies to the flat 19% tax. | 0% |
| Tax at 19% | -3800% |
| Gain after tax | 16 200,00 zł |
How it works
- The taxable gain is your disposal revenue minus deductible acquisition and related costs.
- Tax is a flat 19% of that gain. There is no annual exempt amount, so the gain is taxed from the first zloty.
- Capital gains are not added to salary income; they sit in their own PIT-38 schedule taxed at 19%, separate from the progressive PIT scale.
- Losses from the same source can be carried forward and offset against gains over the following five years.
Worked example
Shares sold for 50,000 PLN with an acquisition cost of 30,000 PLN gives a 20,000 PLN gain, taxed at 19% for 3,800 PLN of capital gains tax (no allowance is deducted).
Frequently asked questions
Is there a tax-free allowance for capital gains in Poland?+
No. The 30,000 PLN tax-free amount from the progressive PIT scale does not apply to the flat 19% capital gains tax. Gains are taxed from the first zloty.
How is tax on bank interest and dividends collected?+
The 19% is usually withheld at source by the bank or the company paying a Polish dividend, so no return is needed. Foreign dividends are self-reported on PIT-38 with PIT-ZG.
Does this rate change with my salary or tax bracket?+
No. Capital gains are taxed at a flat 19% regardless of your other income, so your salary band does not affect the rate.
How are cryptocurrency gains and losses treated?+
Crypto disposals are reported on PIT-38 at 19%. Where costs exceed revenue, the excess carries forward to offset crypto gains in future years.
Sources
- Poland - Individual - Income determination (capital gains, 19% rate) · PwC Worldwide Tax Summaries
- PIT-38 i podatek od zyskow kapitalowych (podatek Belki) 19% · Ministerstwo Finansow (podatki.gov.pl)
Last updated: 2025-01-01 · Applies to 2025
This is an estimate for general guidance, not financial, tax, legal or medical advice. Figures can change and individual circumstances vary. Always confirm with the official sources listed before making decisions.
- Covers the flat 19% tax on securities, fund, crypto, interest and dividend gains reported via PIT-38 or withheld at source.
- Enter the net gain (revenue minus deductible costs). Loss carry-forward, real-estate disposals and the housing relief (ulga mieszkaniowa) are out of scope.
Reviewed by Vikas Dulgunde.