So hypothetically, say I have accumulated over the year 1000 BTC as a business owner. The BTC was bought with business money so its purely owned by the business (No need to get into personal tax issues). I then as the business owner decided to sell some BTC to customers through the business. Do i have to charge a rate of Vat on top of the amount I'm selling to the customer?
VAT isnt applicable into crypto or on Bitcoin itself for you to charge up to your potential customers.As being said this would only vary on your own jurisdiction if you applied such thing or not but i believe this would only be just considered to be an interest but not totally considered to be legal stuff. Bitcoin is never been considered as one. If you do have add up charge more way too high compared into traditional crypto exchanger the most likely people would neglect you out and rather buy on exchange itself.