
“The government says it will treat them like stocks or precious metals. That means you pay 25 percent flat tax if you’ve held bitcoins for less than a year. But no one can explain to me that I should ever prove to a person from the tax office that I was actually in control of a certain private key at a certain time or time span. You just can’t prove it. We don’t even know how to prove it. The next question is, is value added tax to be paid if you buy bitcoins? The government said it should be subject to value added tax. But that’s contradictory to the first statement when the government says it’s subject to capital gains.”
http://motherboard.vice.com/read/can-germany-really-tax-bitcoin
Related posts:
Disconnect Cable and Satellite TV
Iceland Kicked Out FBI Agents Who Flew in Unannounced to Investigate WikiLeaks Operations in the Cou...
Public buses being outfitted with sophisticated audio surveillance across U.S.
Caitlin Long: Vulnerability of Fed’s Balance Sheet
Anthony Wile: We're Back!
Global warming is ‘no longer a planetary emergency’
No Warrant Needed for Illinois Drug Wiretaps
Reflecting On Traveling Around The World: The Reunion
Karen Hudes: Interview for the Mini Bitcoin Conference Series in Austin III
Evolution of the IMF Is Directed History
Europe Continues to Circle the Drain
Another Push for Global Taxation from the United Nations
House unexpectedly votes to stop warrantless NSA searches
What You Need To Know About The Liberator 3D-Printed Pistol
Leaked report: Nearly half of US drone strikes in Pakistan not against al-Qaeda