Selected Cryptocurrency Returns and Capital Gains Tax - Based on the Example of Countries with Varying Degrees of Legal Regulations Concerning Cryptocurrencies

• Authors: Agata Gniadkowska-Szymańska , Bojana Olgić Draženović , Stella Suljic Nikolaj

Title variants

PL

Stopy zwrotu z wybranych krytpotwalut a podatek od zysków kapitałwych na przykładzie krajów o różnym stopniu uregulowań prawnych dotyczących kryptowalut

Abstracts

PL

Cel artykułu/hipoteza: Celem niniejszego artykułu jest przedstawienie wpływu podatku od zysków kapitałowych na zwroty dwóch najpopularniejszych kryptowalut: BITCOIN i Ethereum Classic (ETC). Metodyka: W niniejszym opracowaniu stopy zwrotu z wybranych kryptowalut zostały za-proponowane jako zmienna, na którą mogą wpływać podatki od zysków kapitałowych. Artykuł przedstawia nowe podejście do analizy zagadnień związanych z kryptowalutami. Wyniki/Rezultaty badania: Wyniki pokazują, że dla wybranych krajów (Węgry, Włochy, Polska, USA) istnieje korelacja między stawką podatku od zysków kapitałowych a zwro-tem z ETC. W przypadku BITCON-u jednak takiej relacji nie ma.

EN

The purpose of the article/hypothesis: The purpose of this article is to present the impact of capital gains tax on the returns of the two most popular cryptocurrencies: BITCOIN and Ethereum Classic (ETC). Methodology: In this study, the rates of return on selected cryptocurrencies were proposed as a variable that may be affected by taxes on capital gains. The article presents a new approach to the analysis of issues related to cryptocurrencies. Results of the research: The results show that for selected countries (Hungary, Italy, Poland, the USA) there is a correlation between the tax rate on capital gains and the return on ETC. In the case of BITCON, however, there is no such a relationship.

Keywords

PL

kryptowaluty; regulacje prawne dotyczące kryptowalut; podatek od zysków kapitałowych; BITCONE; ETC

EN

taxes; cryptocurrency; regulation; capital gains tax; bitcoin; ETC

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Finanse i Prawo Finansowe
• Year: 2022
• Volume: 3
• Issue: 35
• Pages: 53-64

Dates

published

2022

Contributors

author

Agata Gniadkowska-Szymańska

• University of Lodz, Faculty of Economics and Sociology

• https://orcid.org/0000000273213360

author

Bojana Olgić Draženović

• University of Rijeka, Faculty of Economics and Business

• https://orcid.org/0000000251757439

author

Stella Suljic Nikolaj

• University of Rijeka, Faculty of Economics and Business

• https://orcid.org/0000000204354047

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Identifiers

DOI

10.18778/2391-6478.3.35.04

Biblioteka Nauki

2121845