Author

Topic: Bitcoin tax up to 22% in Greece! (Read 2596 times)

legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
July 09, 2014, 05:49:12 PM
#20
http://www.reddit.com/r/Bitcoin/comments/28vzoq/i_sold_146_btc_at_btcplazacom_with_bank_transfer/

Any similar experiences?? Has the bitcoin taxation started already??

Andreas Antonopoulus would be the guy to ask that question. He grew up in Greece under the oppressive banking system and that was his inspiration for developing decentralized networks and bitcoin software.
Andreas Antonopoulos did not develop Bitcoin(unless he is Satoshi).
full member
Activity: 224
Merit: 100
VocalPlatform.com
July 09, 2014, 11:46:28 AM
#19

Come on, it's normal. How would Greek government and bankers afford their luxurious life if they don't tax the peasants ?

Villas, Ferrari, whores and coke are expensive. You must understand them.

It's so irritating to hear that this kind of things happens all around the globe, of course some more than others, but greeks, american,

mexican, european, chinese, politicians will be always the same rats anywhere.
hero member
Activity: 812
Merit: 1000
I <3 VW Beetles
July 09, 2014, 09:48:13 AM
#18
Wat? They can't do such thing...

Here in NL, we can only get charged money if we have a certain amount of BTC which in my country is aka Box 3, or Much Money  Grin
member
Activity: 98
Merit: 10
★☆★Bitin.io★☆★
June 25, 2014, 12:11:40 AM
#17
Tax? lol

so it's currency now or is it property tax or what?

how can you tax bitcoin in the first place?

ridiculous laws trying to make a profit on bitcoin.

In this case they taxed after the guy had transferred btc to national currency on the bank.
Politicians and lawyers are not sure what it is.
Just another reason to hold.

Yes. The only place they can hit you is when it touches fiat. Keep it digital and there is no way to confiscate it without physical force.
legendary
Activity: 2156
Merit: 1131
June 24, 2014, 05:31:14 AM
#16

Come on, it's normal. How would Greek government and bankers afford their luxurious life if they don't tax the peasants ?

Villas, Ferrari, whores and coke are expensive. You must understand them.
member
Activity: 63
Merit: 10
June 24, 2014, 05:28:00 AM
#15
I do operate www.btcgreece.com ,in Greece and i would like to know more about
the incident occured to you.Do you have an official doc from the bank , showing the deduction of 22% as tax?
What kind of tax is described there?
Please feel free to pm , as i would like to help you resolve the issue.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
June 23, 2014, 10:32:14 PM
#14
Tax? lol

so it's currency now or is it property tax or what?

how can you tax bitcoin in the first place?

ridiculous laws trying to make a profit on bitcoin.

US treats it like property/asset for taxes, but if you want to run an exchange, then all the sudden it is a currency and you have to register with FINCEN...lol

Double whammy
legendary
Activity: 812
Merit: 1002
June 23, 2014, 08:50:05 PM
#13
I don't buy this at all. Even if this were true, can you tell how the government in Greece will enforce a tax on bitcoin and prove that the transaction took place, and on Greece soil for that matter? Look at the US government, the IRS wants to tax bitcoin as property tax. It's only on paper, but they can't do shit to enforce it. They have no infrastructure enforce such a taxation system.
full member
Activity: 222
Merit: 100
June 23, 2014, 06:22:02 PM
#12
might be wrong to change that in the banks.
if the country acting to btc as a known currency it might be common to reach people that will want to buy btc and exchange it without the bank, no?
legendary
Activity: 975
Merit: 1003
June 23, 2014, 06:20:37 PM
#11
I live in Greece, and I call this bullshit.

I agree that Greece is in a tough place right now, and taxation is not fair, but Greece hasn't announced anything about bitcoin yet. I have bought & sold bitcoins in the past and never had any problem. (with exchanges that required verification, passports, utility bills etc)

Any proof that the tax was 22% ?? Probably the guy declared the amount as an 'asset', and that's why the taxation was so high - I don't know, maybe I am wrong. But 22% taxation is way too much.

http://bitlegal.net/nation/GR.php

sr. member
Activity: 518
Merit: 250
June 23, 2014, 06:03:44 PM
#10
Tax? lol

so it's currency now or is it property tax or what?

how can you tax bitcoin in the first place?

ridiculous laws trying to make a profit on bitcoin.

In this case they taxed after the guy had transferred btc to national currency on the bank.
Politicians and lawyers are not sure what it is.
legendary
Activity: 1106
Merit: 1005
June 23, 2014, 05:59:49 PM
#9
Tax? lol

so it's currency now or is it property tax or what?

how can you tax bitcoin in the first place?

ridiculous laws trying to make a profit on bitcoin.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
June 23, 2014, 05:51:55 PM
#8
If you are honest about your taxes, it could be significantly worse in the United States.   Short term capital gains can be upwards of 35% depending on your tax bracket...
sr. member
Activity: 417
Merit: 250
June 23, 2014, 05:38:22 PM
#7
Here is a new article about Andreas that speaks quite a bit about his early days living under the corrupt Greek regime. http://bitcoinmagazine.com/14318/inside-antonopoulos-iiii-im-broke-im-happier-ive-ever/
sr. member
Activity: 417
Merit: 250
June 23, 2014, 05:37:12 PM
#6
http://www.reddit.com/r/Bitcoin/comments/28vzoq/i_sold_146_btc_at_btcplazacom_with_bank_transfer/

Any similar experiences?? Has the bitcoin taxation started already??

Andreas Antonopoulus would be the guy to ask that question. He grew up in Greece under the oppressive banking system and that was his inspiration for developing decentralized networks and bitcoin software.
legendary
Activity: 1061
Merit: 1001
June 23, 2014, 05:33:14 PM
#5
got to feel sorry for the Greeks, with this bunch of clowns in charge
sr. member
Activity: 518
Merit: 250
June 23, 2014, 04:29:43 PM
#4
http://www.reddit.com/r/Bitcoin/comments/28vzoq/i_sold_146_btc_at_btcplazacom_with_bank_transfer/

Any similar experiences?? Has the bitcoin taxation started already??

Greece is full of corrupt officials, it should come as no surprise. They'll try to take the money of Greek citizens in any way possible.
A similar thing occurred in Cyprus.
legendary
Activity: 1512
Merit: 1012
June 23, 2014, 03:45:15 PM
#3
and more : http://www.cretanaccountant.gr/tax-liabilities-in-greece-for-non-greek-citizens/

Quote
Table A: Income tax bracket for salary, pension and agriculture income (it is valid since 01/01/2013)
legendary
Activity: 1512
Merit: 1012
newbie
Activity: 1
Merit: 0
June 23, 2014, 01:28:11 PM
#1
http://www.reddit.com/r/Bitcoin/comments/28vzoq/i_sold_146_btc_at_btcplazacom_with_bank_transfer/

Any similar experiences?? Has the bitcoin taxation started already??
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