There's however one exception. Transactions below 50 PLN are not a subject of taxation. As PCC is being rounded to wholes. All above 50 PLN however are taxable.
Can you point out where this exception is specified? Is there any mention of structuring regarding the 50 PLN threshold? That amounts to ~$15. Does that mean you can trade in high volume lots of that size without triggering liability?
Yes. The requirement is that the subtracted amount has to be 1% of the transaction, but cannot go below 0.5 PLN. This means that 49 PLN generate tax of 0.49 PLN and as a result no tax can be imposed. It's not the only country that requires people to pay 1% of property sales, like cars and real estate, but nobody has ever tried to extend it to sock or currency trading. It's not only impossible to file, but also impossible to confirm since they want it all on paper. Traders could make a program that will fill the forms and print them automatically, but I'd like to see those poor office clerks struggle with thousands of copies every day.
And what about the environment? How many trees will have to be cut down every year so that the taxpayers can fill out some stupid tax forms?
in both cases it is necessary to submit a transaction letter in a special form to the local TAX office within 14 days from its occurance.
Depressing. This goes far beyond any personal income tax requirements I've ever seen. It seems like the government wants to deter traders outright, rather than collect taxes.
Short-sightedness will ultimately kill them. When the government imposes laws that are impossible to obey it always loses the fight.