“Bitcoin is making an art critic out of the Swedish taxman. The largest Nordic economy is set to reject Bitcoin and its competitors as a currency and instead give the software the same tax treatment it would an antique Persian rug or a painting by Andy Warhol. Sweden is leaning toward an interpretation of Bitcoin that will allow the nation to charge capital gains taxes on any transactions using the software. The move would place Bitcoin in an asset class that includes antiques, jewelry, stamps and copyrights. Sweden’s central bank raised concerns in June that Bitcoin and its competitors may pose risks to those using it as a payment method.”
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Tip Freedomwat.ch Staff with Bitcoin
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