The post European Union says Bitcoin is exempt from VAT appeared first on 99 Bitcoins.
In 2013, Swedish software developer David Hedqvist asked the European Union if Bitcoin transactions were exempt from VAT (value added tax) or not. Almost three years later, Europe finally replied and the answer is ‘no’. In other words, cryptocurrency transactions should be VAT-free in Europe. When Hedqvist – who also runs the information site and forum Bitcoin.se [...]
