27.10.2015 Dealing in “bitcoin” exempt from VAT as a currency exchange The ECJ has held that dealing in “bitcoin” and other virtual currencies is equivalent to a traditional currency exchange and is, as such, exempt from VAT. Categories: From EuropeKeywords: Cryptocurrencies (Virtual Currencies), c ...
11.10.2011 Currency exchange is service for VAT The finance ministry has issued a decree accepting a Supreme Tax Court judgment that currency booths are a service for VAT, but allowing a business accepting payment in foreign currency a full input tax deduction. Categories: Official PronouncementsKeywords: banking service, currency exchange, boot ...