Quote from: babo on December 07, 2016, 12:35:05 PM

Quote from: Paytoshi on December 07, 2016, 10:29:09 AM

About selling. We are in bad spot: we reviewed our position with our tax accountant and as a registered company in Italy we would have a few troubles to declare the selling as income, especially as a Bitcoin transaction. Therefore, sadly we would not sell Paytoshi.

very sad and sorry for you.. when a country break a good company for stupid issues like 'declaration of tax', is a lost opportunity for all
italy is shit (i'm italian) for young and hitech companies

Bitcoin is not regulated in Italy, so it would cost a lot the seller & the government to figure out what's the worth of the site.

Quote

Italy does not regulate bitcoin use by private individuals.

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country

It's not government's fault, it's people's fault not keeping books and records of all their stuff.
Even if they did, due to price volatility they wouldn't be able to figure it out, I believe.