“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.”
(Visited 16 times, 1 visits today)
Related posts:
Lawsuit against police over Radio Shack strip search settled
Counter-Insurgency Warfare in Boise?
Mt. Gox Suitors Launch Last-Ditch Bid To Revive Bitcoin Exchange
Cop who fatally shot unarmed 17-year-old boy was sworn in just 90 minutes before
New York ‘soccer mom’ accused of $3 million marijuana operation
Spain threatens Catalonia with five-day deadline to overturn vote
Stephen Pair: BitCoin Economy
Tripling in Chinese Debt to $1.7 Trillion Drags on Economy
Top U.S. railroad official resigns after 'consulting' income surfaces
Delay in Obamacare requirement puts onus on the honor system
Portugal banking crisis sends tremors through Europe
'Synthetic pot' cases hard to prosecute, but family businesses lose everything anyway
Canada Signs U.S. FATCA Deal, IRS To Get Data
Iraq’s people yet to feel benefit of oil boom
Marc Faber vs. Jim Rogers Conversation - CNBC 10/4/2012