Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Republic of Georgia Exempts Cryptocurrencies From Value-Added Tax
https://cointelegraph.com/news/republic-of-georgia-exempts-cryptocurrencies-from-value-added-tax
"With the introduction of the bill, residents of the country can exchange cryptocurrencies for fiat currency without the transaction being subjected to VAT. "
Ok, who wants to move to Tbilissi ?
https://cointelegraph.com/news/republic-of-georgia-exempts-cryptocurrencies-from-value-added-tax
"With the introduction of the bill, residents of the country can exchange cryptocurrencies for fiat currency without the transaction being subjected to VAT. "
Ok, who wants to move to Tbilissi ?
Alright if you speak Russian or Georgian because English is not common, and writing looks like this
Russian doesn't get much love though, and millennials do not speak it generally. The Georgians are friendly and welcoming. The food is good, and they have wine. Well, something that resembles wine anyway.
BTW @Ibian, relax. It's not like Syria yet.
It's not been subjected to VAT in the EU for a couple of years now. So if that's all you are after, you might as well move to the EU.
I wrote about that four years ago tomorrow in this very thread.
https://bitcointalk.org/index.php?topic=178336.258240
This document is fresh from the press, it's not yet availible in english för som odd reason, but if you can read any of the other 17 langugeses that it comes in it is very interesting.
In short, one of the Swedish high courts has asked the European court for advice on where Europe stands on taxing the exchange of bitcoin to fiat and vice versa. This in turn because a Swedish citizen appealed a decision from the Swedish tax authorties on paying tax for the exchange of bitcoins he is doing in his company.
The european advocat general Juliane Kokott suggests as a verdict that bitcoin should be regarded as a currency and not be taxed. The court usually go with the advocat generals suggestions.
http://curia.europa.eu/juris/document/document.jsf?doclang=DE&text=&pageIndex=0&part=1&mode=DOC&docid=165919&occ=first&dir=&cid=388883
In short, one of the Swedish high courts has asked the European court for advice on where Europe stands on taxing the exchange of bitcoin to fiat and vice versa. This in turn because a Swedish citizen appealed a decision from the Swedish tax authorties on paying tax for the exchange of bitcoins he is doing in his company.
The european advocat general Juliane Kokott suggests as a verdict that bitcoin should be regarded as a currency and not be taxed. The court usually go with the advocat generals suggestions.
http://curia.europa.eu/juris/document/document.jsf?doclang=DE&text=&pageIndex=0&part=1&mode=DOC&docid=165919&occ=first&dir=&cid=388883