http://www.coindesk.com/european-court-of-justice-official-proposes-bitcoin-vat-exemption/Bitcoin operations should be exempt from Value Added Tax (VAT), the Advocate General of the European Court of Justice said in an opinion document published today.
Citing existing exemptions for currency and money transactions in Europe’s VAT Directive, Attorney General Juliane Kokott urged the court to opt against applying a tax to bitcoin purchases and sales. She further argued that bitcoin, while not legal tender, is still a form of money.
...not only is the court declaring that bitcoin transactions should be exempt from VAT, they are declaring that bitcoin is a form of money. Maybe I'm stuck in 2014, but it is it still big news that a government or court system acknowledges bitcoin as currency? I think so. This is big news!