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A comment on Bitcoins Fail Currency Test in Scandinavia’s Richest Nation.

Re:Bitcoins Fail Currency Test in Scandinavia’s Richest Nation by skylan_q on Friday December 13, 2013 @06:22PM (#6903463)
Bitcoins were dealt a blow in Norway as the government of Scandinavia’s richest nation said the virtual currency doesn’t qualify as real money.

I don't see how this is a blow to bitcoin. All this does is leave the door open for people to use bitcoin and escape the tax system without being punished. If the government of Norway didn't accept the physical phenomenon of gravity, would gravity have "failed the test"?

The market is bitcoin's ultimate test. Not the government's recognition of it.

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Re:Bitcoins Fail Currency Test in Scandinavia’s Richest Nation by JumpCrisscross on Friday December 13, 2013 @06:52PM (#6903604)
>All this does is leave the door open for people to use bitcoin and escape the tax system without being punished.

Norway ruled that Bitcoins are an asset subject to capital gains taxation. I'm not sure how that leaves the door open for people to dodge taxes.

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Re:Bitcoins Fail Currency Test in Scandinavia’s Richest Nation by skylan_q on Friday December 13, 2013 @06:54PM (#6903614)
I'm not sure how that leaves the door open for people to dodge taxes.

Sales taxes...

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Re:Bitcoins Fail Currency Test in Scandinavia’s Richest Nation by gamblor956 on Friday December 13, 2013 @09:38PM (#6904317)
VAT is a tax paid by the consumer, and which is collected by the final seller (to the end consumer). A business which accepts bitcoins would be required to remit the VAT in an acceptable currency. If the business did not collect VAT from the customer, the payment of VAT would be borne by the business.
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Re:Bitcoins Fail Currency Test in Scandinavia’s Richest Nation by klapinat0r on Friday December 13, 2013 @07:39PM (#6903853)
As a private citizen (not a company) you don't dodge sales tax (VAT).

It's a refundable tax for companies, not a claimed tax.

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Re:Bitcoins Fail Currency Test in Scandinavia’s Richest Nation by tedunangst on Friday December 13, 2013 @07:32PM (#6903807)
They don't charge sales tax on barter transactions?
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Re:Bitcoins Fail Currency Test in Scandinavia’s Richest Nation by runarb on Friday December 13, 2013 @08:12PM (#6904021)
Yes, one pay vat on barter transactions in Norway[0].

But unsure how this works in practice. There are also some minimum that has to be reached before one has to add vat.

0: http://www.frilansinfo.no/hva-er-en-barteravtale

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