European Bitcoiners React to VAT Exemption Proposal

European Bitcoiners React to VAT Exemption Proposal

Bitcoin entrepreneurs and digital currency enthusiasts in the European Union (EU) have spoken out following the European Court of Justice's (ECJ) proposal for bitcoin's exemption from Value Added Tax (VAT). Formulated by the court's Advocate General Juliane Kokott, the opinion provided a long-awaited answer to the question of whether VAT should be applied to bitcoin purchases and sales. Despite Spain's Ministerio de Hacienda clarifying its stance on bitcoin transactions earlier this year, Alberto Gomez Toribio was still optimistic about the proposal and the possible implications for his....


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