Quote from: prophetx on August 24, 2013, 08:44:23 PM

Quote from: bernard75 on August 24, 2013, 07:54:18 PM

Quote from: dudeofthestick on August 24, 2013, 04:52:38 PM

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

Why is the translation confusing? Bitcoins are treated like candy: When you sell them, you have to pay 19% VAT on your income from the trade. Easy as that.