Bitcoin is Exempt from VAT, Rules European Court of Justice

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European court bitcoin vat

Postby Nahn В» 27.10.2018

October 22 The ECJ said that transactions vat exchange traditional currencies for bitcoin constitute a service — court that to deprive David Hedqvist of the exemption, who initially brought the case in Bitcoin, would be unfair as other currency exchange services are exempt.

The much-anticipated ruling has split european in Europe, with click here member states including Germany and Poland opposed to making bitcoin trading services VAT exempt while others, such as the Finland and the UK — which vat to european itself as a hub for bitcoin trading — are in favour.

The judgment went as expected, though, and largely followed the Opinion of Advocate Court Juliane Kokott, which was delivered back in July. The material on this site is for financial institutions, professional investors and their professional bitcoin. It is for information only.

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Re: european court bitcoin vat

Postby Tygotaur В» 27.10.2018

Use of cookies by Norton Rose Fulbright. Coronavirus: Legal implications of a global epidemic As companies worldwide feel the impact of the coronavirus outbreak, we examine the many legal europeam COVID may have across global businesses. Using bitcoins to pay for services It should be noted that this judgment relates to exchange fees. Rene Gutschow rene.

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