The General Directorate of Taxes (DGT) has announced that virtual currencies such as bitcoin will be exempt from value-added tax (VAT) in Spain, following the leads of the United Kingdom and Germany, who recently stated that they are considering taking bitcoin as a complementary currency.
In response to the Binding Consultation V1029-15 submitted on the March 27, 2015, the DGT has announced that virtual currencies that are considered to be a medium of payment will […]
