Europe Inches Towards A Decision on Bitcoin VAT

“A recent legal referral in the EU may be inching the region a little closer to more unity on one small element of bitcoin taxation, but it won’t do much to help global confusion on the matter.  The ECJ could take up to two years to deliver a decision, which can then be used by Sweden in its policy making, explained European tax lawyer Estoban van Goor.  The ruling could prompt other countries to change their regulations, he warned – or it could even prompt the EU to pass legislation broadly addressing VAT on cryptocurrency. It’s a potentially existential issue for European cryptocurrency exchanges, said van Goor.”

http://www.coindesk.com/europe-inches-towards-decision-bitcoin-vat/

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