"The Norwegian government stated in February 2017 that they would not levy VAT on the purchase or sale of bitcoin.[135]"
Hi, hope you guys are keen on helping me.I got that information from Wikipedia.
By" sale " does it mean selling your bitcoin for money would not be taxed or no need to inform the tax offfice? That sounds too good to be true.... I know you don't need to pay VAT for buying Bitcoins in Norway which is excellent for Bitcoin buyers in Norway . But how do you define " sale" selling and trading? anybody can help to explain it? Thanks in advance.
the country norway is one of the bitcoin buyer. in this coutnry many of the people uses bitcoin. and in my opinion i think it is only ought because the government allowed it so they want to earn it but the problem is if the tax is very high it is not right because bitcoin transaction is very high and what you're earnigns if the bitcoin transaction is high plus the tax right ?