Post
Topic
Board Service Discussion
Topic OP
VAT on Crypto Services
by
Emma34
on 20/05/2025, 09:54:22 UTC
Title:VAT on Crypto Services in the EU—Confusing Rules or New Tax Trap?

Post: Hey everyone, I'm hoping to get some insights here. I'm based in the EU and recently started offering freelance crypto-related services (like blockchain audits, NFT consultations, etc.). I'm now getting clients from different EU countries and even outside the EU.

Here’s the confusion: Do I need to charge VAT on services paid in crypto? Some say if the client is outside my country, I don’t charge VAT. Others say I still have to report it and pay VAT on the crypto’s value. The local tax office isn't super clear either.

Also, if I receive payment in Bitcoin or USDT, how is the VAT calculated? On the crypto value at the time of the invoice, or when I convert it to fiat?

Would love to hear how others handle this. Anyone with experience dealing with VAT and crypto payments in the EU?

Thanks in advance! 🙏