European Union: Bitcoin ‘is exempt from VAT’

By July 17, 2015Bitcoin Business

Dn.se, the most popular Swedish news site, has reported the European Court of Justice as stating “Bitcoin is a means of payment and that the exchange should therefore be exempted VAT obligations.” Three years ago, Swedish software developer David Hedqvist and moderator of Bitcoin.se asked the European Union if Bitcoin transactions are exempt from VAT.

However, the Swedish Tax Agency argued against the Board of EU directives, and said that they have mistakenly interpreted the […]

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