Post
Topic
Board Legal
Re: Responses by German ministry of finance concerning Bitcoin and VAT (fulltext)
by
prophetx
on 24/08/2013, 20:44:23 UTC
It looks very much like this document from @liberto : you have to pay VAT when you exchange your fiat for bitcoins (and the other way around), but never when you acquire goods or services because you have already paid it.

In Spanish:
https://bitcointalk.org/index.php?topic=242761.5

not at all, in germany you dont pay vat for acquiring btc and additionally after holding them for 1year+ you can cash out tax free too.

that would make more sense, the translation is really confusing