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Japan to Drop 8% Bitcoin Sales Tax

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eaglespirit

"Japan is reportedly planning to exempt bitcoin and other virtual currencies from a national sales tax."

See the article at: http://www.coindesk.com/japan-may-drop-8-bitcoin-sales-tax/

I'm interested to hear about the taxable status in other countries... anyone have a list?

Donations LTBcoin to: 18EC6KorEDGWmqbdnGaFTfSoqjvBnqvBCQ Love and Gratitude Eagle Spirit Media

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  • Elma

    In European Union, a judgement given by the Court of justice of European Union (CJEU) on 22 October 2015 said that bitcoin change operation, like the other currencies change, have to be exonered to VAT according to article 135, paragraphe 1, sub e) of the directive 2006/112.

    The conclusion of the judgement can be seen here link; The french info on this topics here link

    It's really important judgement because the most important juridical institution recognize the moneatry statut of bitcoin (in this case by recognize that is change operation and not commodity escrow) while in the same time the European Central Bank doesn't want recognize this statut yet (who speak of "virtual currency scheme"). Who can find a table of countrie in ECB 2015 but it's a little has been today... link

    Elma

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