Post
Topic
Board Legal
Re: Bitcoin is VAT-exempt in Spain
by
jamescameron2312
on 20/04/2015, 22:30:29 UTC
How would they tax on stuff bought and sold with it? what kind of stuff? what is the required price where you start getting taxed?
if they buy a smartphone they will get taxed or what?

A company that sells you a smartphone (or anything else) has to pay VAT - with or without Bitcoin.

I dont mean about the company but the person buying.

Lets say you are spanish and you make 3 BTC with signature campaing or whatever, you withdraw with BTCpoint and want to use this cash to buy an iPhone.

Do you have to pay any taxes or something? how much can you withdraw without getting in trouble?