bitcoin tax

Australia’s 2017 Budget Includes a Bitcoin Tax Cut
May 10th, 2017

Australia is going to cut general sales tax for acquiring digital currency, aiming to help local fintech startups run their businesses in the country.

Japan Opposes to Bitcoin Taxation
March 1st, 2016

The Financial Services Agency will soon present its plan to recognize bitcoin as fulfilling the functions of currency while the problem of bitcoin taxation remains unsolved and hotly debated.

‘Bitcoin Should be Exempt from VAT,’ Says EU Court Advisor
July 16th, 2015

The question about exemption of bitcoin transactions from VAT has finally been solved after three years of silence.

Bitcoin Startup ‘Living Room of Satoshi’ Reopens After Australia’s Bitcoin Sales Tax
December 15th, 2014

Living Room of Satoshi has recently reopened for business after closing for two months due to introduced unfavourable tax laws.

NY State Tax Agency: ‘BTC Purchases Aren’t Subject to Sales Tax’
December 9th, 2014

The New York State Department of Taxation and Finance has stated that transactions made with cryptocurrencies are not subject to sales taxes.

IRS Tax Rules for Digital Currencies
December 5th, 2014

Problems of digital currency taxation, following IRS’s decision to treat it as property.

European Court of Justice May Soon Clarify Bitcoin VAT Rules
August 17th, 2014

European Court of Justice is expected to deliver a decision on bitcoin VAT after a recent legal referral in the EU.

Austrian Ministers Gave Guidance on Bitcoin Status
July 25th, 2014

Austrian cabinet ministers offered guidance on the status of bitcoin.

Bitcoin Mining Profits Subject to 23% VAT, says Polish Tax Authority
May 27th, 2014

The latest news related to the legal status of digital currencies in Poland stated that local tax authorities announced the sale of mined bitcoins is subjected to a VAT (value-added-tax) of 23%.