No VAT ! Bitcoin Exchanges Exempted from Value Added Tax in EU
The European Court of Justice recently declared that VAT does not apply to bitcoin exchanges. The decision was cheered by the bitcoin community across the world. However, at least one government is not happy about it for sure. The increased popularity of bitcoin has got governments thinking of innovative ways to gain revenue out of it. Unfortunately, the only way for governments to do so is either in the form of fees, taxes or fines. Taxes are the most attractive ones as it provides a constant stream of revenue to the treasury. Like United States, Sweden tried doing something similar by....
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