Tax Report for Polish Residents

etoro doesn’t provide tax advice. Any data reported in the tax report is strictly for informational purposes only and it isn’t intended as a tax declaration or as a substitute for legal advice. We strongly advise you to verify the tax report with your tax advisor.

On this page, you will find information about tax reporting in Poland. etoro Club members living in Poland can generate a tax report based on the previous financial year’s investment activity on the etoro platform, structured in accordance with local tax guidelines.

Select a question to go directly to that topic.

1. What should I be aware of when reporting taxes in Poland?
2. What does the Polish National Revenue Administration consider taxable?
3. How are capital gains calculated in Poland?
4. Why are the capital gains between the etoro account statement and the tax report different?
5. What are the required Polish tax forms?
6. Can I use the etoro tax report as a basis for filling out the official tax form?
7. Summary report
8. Income report
9. Capital gain and loss report
10. Detailed transaction report

What should I be aware of when reporting tax in Poland?

• The tax year is from 1 January to 31 December.
• The tax return can be submitted both electronically and in paper format.
• The reporting currency is the Polish złoty (PLN).
• The reporting languages are Polish (PL) and English (EN).
• The deadline for filing the return in paper format is 30 April.
• The earliest submission date is 15 February. This deadline applies to the following tax return forms: PIT-37, PIT-36, PIT-36S, PIT-36L, PIT-36LS, PIT-38 and PIT-39.
• PIT forms may be submitted online using:
• An interactive PDF file
• The e-Deklaracje Desktop application
• ‘Your e-PIT’ service (for forms PIT-28, PIT-36, PIT-36L, PIT-37 and PIT-38).

You can find more information on the tax filing, e-PIT, and residence pages of the government website.

What does the Polish National Revenue Administration consider taxable?

• Capital income: Dividends, interest income, other income.
• Capital Gains: Capital gains from disposals of different asset types (ETFs, shares, CFDs, crypto).

The above list is not exhaustive.

How are capital gains calculated in Poland?

The capital gain/loss on an asset can be calculated by subtracting the cost basis (purchase price) and any associated fees of an asset from the value of the asset when it was sold.

If many positions are held on the same asset, bought at different prices, there are several methods for working out the cost basis. In Poland, the ‘first in, first out’ (FIFO) method is used.

Why are the capital gains between the etoro account statement and the tax report different?

You may notice differences between your etoro account statement and your etoro tax report. These can be attributed to the different methods used to calculate capital gains.

• Account statement reporting method: Specific lot identification
• Tax report reporting method: FIFO

Additionally, to calculate the financial data presented in the tax report, the values of the positions are converted from USD to PLN at the time of position opening and closing. This conversion process may result in a further difference in the end value between the account statement and the tax report.

What are the required Polish tax forms?

• PIT-11: Information about income obtained from your employer (for employees).
• PIT-37: For individuals working under an employment contract or civil law contract.
• PIT-36: For individuals conducting business activity or settling losses from previous years.
• PIT-28: For taxpayers taxed with a lump sum.
• PIT-38: For individuals receiving income from the sale of securities.
• PIT-39: For individuals from private real estate sales.

Can I use the etoro tax report as a basis for filling out the official tax form?

In this section, you can see screenshots from an example etoro tax report for Polish residents.

The information on this page should not be used as a guide on how to fill in your tax return. Please review the official notes on the tax forms and consult your independent tax advisor for questions.

Summary report

A short summary of the income, capital gains and losses, taxes, and expenses.

Income Report

In the income report section, there are separate tables for dividends, interest payments and other income. Examples of other income include manufactured dividends and commissions from securities lending.

Capital gain and loss report

This section calculates the capital gain or loss from each taxable event during the time period.

Detailed transaction report

This section includes all the details on all transactions per asset.