Quote
http://www.coindesk.com/spanish-government-bitcoin-considered-cash-tax-purposes/
I guess that's good news right?
I guess that's good news right?
This may be very good news. Does it mean spanish companies are required to accept btc now?
Topic: Spanish Government: Bitcoin is Considered Cash (Read 1819 times)
This may be very good news. Does it mean spanish companies are required to accept btc now?
Quote
http://www.coindesk.com/spanish-government-bitcoin-considered-cash-tax-purposes/
I guess that's good news right?
I guess that's good news right?
This may be very good news. Does it mean spanish companies are required to accept btc now?
Quote
http://www.coindesk.com/spanish-government-bitcoin-considered-cash-tax-purposes/
I guess that's good news right?
I guess that's good news right?
This may be very good news. Does it mean spanish companies are required to accept btc now?
Well in my country what ive generally seen is that when the taxes are introduced, those taxes only tend to increase with time, they never decrease, and i dont think any country is going to ban bitcoin.
If we can have the power, then taxes can be abolished or reduced. Anyway... these taxes are applicable only when we convert our coins to fiat cash. If you don't want to pay tax, then keep your coins as such with you.
it has to start somewhere heh
Well in my country what ive generally seen is that when the taxes are introduced, those taxes only tend to increase with time, they never decrease, and i dont think any country is going to ban bitcoin.
If we can have the power, then taxes can be abolished or reduced. Anyway... these taxes are applicable only when we convert our coins to fiat cash. If you don't want to pay tax, then keep your coins as such with you.
Every world government deems bitcoin as something different. Most don't even know what to call it yet. The most absurd is the US government calling it property like a house.
Well i dont live in the us, but still whats wrong with calling btc a private property?Are you serious? Do you really want to pay property tax and document everything when you make transactions in btc? You want the gov to freely categorize bitcoin into anything they please, when they should have no right to do so in the first place?
Every world government deems bitcoin as something different. Most don't even know what to call it yet. The most absurd is the US government calling it property like a house.
Well i dont live in the us, but still whats wrong with calling btc a private property?Are you serious? Do you really want to pay property tax and document everything when you make transactions in btc? You want the gov to freely categorize bitcoin into anything they please, when they should have no right to do so in the first place?
Every world government deems bitcoin as something different. Most don't even know what to call it yet. The most absurd is the US government calling it property like a house.
Well i dont live in the us, but still whats wrong with calling btc a private property?
Every world government deems bitcoin as something different. Most don't even know what to call it yet. The most absurd is the US government calling it property like a house.
http://www.coindesk.com/spanish-government-bitcoin-considered-cash-tax-purposes/
I guess that's good news right?
I guess that's good news right?
Its better than bad news for sure, baby steps.
http://www.coindesk.com/spanish-government-bitcoin-considered-cash-tax-purposes/
I guess that's good news right?
I guess that's good news right?
Well look at this the spanish goverment says its cash,
But the Dutch court says its not cash just to trade with.
http://www.coindesk.com/dutch-court-declares-bitcoin-isnt-money-in-civil-trial/
I like to think its our evolved cash!
good news...first step
Well as cryptos are generally decentralizes, so do you think that the government should be allowed to directly put taxes on it?
Right now, I think paying taxes on Bitcoins will be better than the government banning Bitcoins altogether. Later, when Bitcoin gets more and more popular, we can try to repeal the taxes.
Well as cryptos are generally decentralizes, so do you think that the government should be allowed to directly put taxes on it?
Right now, I think paying taxes on Bitcoins will be better than the government banning Bitcoins altogether. Later, when Bitcoin gets more and more popular, we can try to repeal the taxes.
And there is another possibility of introducing a new tax just related to the cryptos.
That will be the best option for everyone, including the tax officials, miners and the short-sellers.
We need laws specific to the Bitcoin. It will eliminate the complications associated with taxing the crypto. And there is another possibility of introducing a new tax just related to the cryptos.
That will be the best option for everyone, including the tax officials, miners and the short-sellers.
We need laws specific to the Bitcoin. It will eliminate the complications associated with taxing the crypto.
The Dutch Government/judge announced a few days ago that Bitcoin isn't cash but a trading device. Guess the taxation will be different in every EU country.
smart gov 
just they want to milk more tax from cryptos
just they want to milk more tax from cryptos This is very good news because it avoids problems with VAT (IVA).
It might avoid VAT, but it will increase the tax-related complications for the Bitcoin miners. And another factor is that Bitcoin traders might have to pay the income tax, instead of the Capital gains tax.
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