I have a friend that owns a fairly small scale webshop dealing in hardware. It's based in sweden but ship both from here and poland. We were talking half seriously about setting up a separate webshop selling hardware for bitcoins. It doesn't seem like a entierly bad idea. A webshop is a pretty obvious place to start accepting bitcoins and if there's one thing bitcoin enthusiasts might be interested in it'd be hardware.
What we couldn't figure out though was what the law on taxes would be. This would be located in sweden but I assume this is a question that might come up no matter where you're located. Are we supposed to pay sales tax on the bitcoin we charge for the products? If so what's the swedish tax office bitcoin address? Jokes aside does anyone have any info to enlighten me here?
If we do decide to go ahead with this idea it could be up and running fairly soon since the products are already in stock for his other webshop.
Hallo,
I'am from Germany and my tax advisor told me, that I have to pay taxes only when I cash back the BTC's back to a classical currency. But if this is going via MtGox or an other currency exchange this is not regarding income taxes but related to capital income tax which is i.e., if you have a relevant tax rate, less than income tax ( est. 25% in DE). Good deal so far here in Germany.
R.