Re:Virtual currencies can be exchanged tax-free in Europe af...
by stanleydrew on Thursday October 22, 2015 @04:36PM
(#10434871)
You don't "have to pay sales tax on it" when you buy BTC like you pay sales tax when you buy a banana. But you still have to pay sales tax when you purchase a banana with BTC.
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Re:Virtual currencies can be exchanged tax-free in Europe af...
by Daviey on Thursday October 22, 2015 @05:11PM
(#10435101)
Except Bananas are zero VAT rated, meaning no VAT is paid on them either. :)
Re:Virtual currencies can be exchanged tax-free in Europe af...
by stanleydrew on Thursday October 22, 2015 @07:30PM
(#10435883)
Heh, should have checked before I made the assumption.