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Topic: did i just read that EU made BTC tax free EU-wide ? - page 2. (Read 2336 times)

hero member
Activity: 910
Merit: 1000
Yes, by being VAT-free it means that no extra taxes are incurred for purchases using bitcoin. Keep in mind that goods already have a VAT so you will still be paying that, just no extra tax for having paid with bitcoin. Good news.
legendary
Activity: 1946
Merit: 1007
http://www.coindesk.com/bitcoin-is-exempt-from-vat-says-european-court-of-justice/

Yup you red it right, but surprisingly enough, bitcoin search in google trends shows little interest of new people to the subject. It just may be that the
the interested parties are already present. See here : http://www.google.com/trends/explore#q=bitcoin&date=today%201-m&cmpt=date&tz=Etc%2FGMT-2

People also need to digest the news. Either that, or it indeed doesn't make anyone interested that wasn't already (why trade bitcoin tax free if you don't even want bitcoin?)

It seemed to have a good effect on the price uptrend though! Hope we can keep the momentum going.
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
http://www.coindesk.com/bitcoin-is-exempt-from-vat-says-european-court-of-justice/

Yup you red it right, but surprisingly enough, bitcoin search in google trends shows little interest of new people to the subject. It just may be that the
the interested parties are already present. See here : http://www.google.com/trends/explore#q=bitcoin&date=today%201-m&cmpt=date&tz=Etc%2FGMT-2
legendary
Activity: 1302
Merit: 1068
did i just read that EU made BTC tax free EU-wide ?

http://www.newsbtc.com/2015/10/22/history-made-bitcoin-is-tax-free-in-europe-hits-a-fresh-10-week-high/

Says its considered a currency, so if you exchange it, there is no added taxes. If you have a income in BTC, i doubt it doesn't count as income, especially if you convert it to Euro at any point.

This just means that its not like in Brazil where they pay like 20% tax when BTC get exchanged to US or Reias or anything.

So i would not consider it tax free, unless the country you live decide to also exempt BTC income as taxable income.
hero member
Activity: 574
Merit: 500
Call me Alice. just Alice.
did i just read that EU made BTC tax free EU-wide ?
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