“The Tax Board in Denmark has ruled that gains and losses from casual bitcoin trading are not subject to taxation. Politiken reports that Denmark’s top tax authority met today to discuss digital currencies and how to approach their taxation, and the Tax Board concluded that any gains made from bitcoin trading are exempt from being taxed by the Danish government, and similarly any losses from trading are not deductible. The exception to this new ruling is for businesses whose primary focus is in digital currencies. Businesses who directly trade with bitcoin as their primary function must declare their winnings and losses to the government.”
http://www.coindesk.com/denmark-declares-bitcoin-trades-tax-free/
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