19 Apr '15, 9pm

#bitcoin

While the DGOJ has ruled out the possibility of considering Bitcoin as legal tender, the DGT is considering it as a recognised payment instrument, making easier to consider Bitcoin as a legal currency, with the resulting legal consequences. As previously stated, with, Germany, France, United Kingdom, Belgium and Finland, and now, Spain, we can count six Member States of the European Union taking the stance of stating that Bitcoin transactions are VAT exempt. These states are agree with considering that Bitcoin shall be deemed to be a financial services and, as such, they are covered under the article 135 of the Directive, which states the following:

Full article: http://lawandbitcoin.com/en/bitcoin-is-vat-exempt-in-spain/

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APR 20 DIGEST: Spain VAT Exempts Bitcoin, UK Bankers Discuss Digital Currencies at SWIFT Event:

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Social media Share this article       The General Directorate of Taxes (DGT) , has considered that Bitcoin and other...

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Europe’s VAT Landscape Taking Shape as Spain Exempts Bitcoin #Bitcoin #VAT

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