An entrepreneur will include expense in bitcoins in the costs with no limits

Expenses incurred for the purchase of equipment made in cryptocurrencies, can be included by an entrepreneur in tax costs, and the regulations limiting the possibility of including expenses in tax-deductible costs will not be applicable – such conclusion follows from the letter of the Director of the National Tax Information dated 11th May 2018 (no. 0114-KDIP2-2.4010.67.2018.1.JG).

A request for an individual interpretation was submitted by a company acquiring virtual currency units – popular bitcoins. In order to acquire cryptocurrency, the company purchases the necessary computer equipment, so-called “excavators”, for which the company sometimes pays only in the cryptocurrency.(more)