knowing europe.. bad
quote: The virtual currencies should be treated in the same way as traditional money, the Court of Justice said.
altough exchange is taxfree, it should be treated like regular currency. Which means that if you get an income out of bitcoin or other coin, you'll be paying taxes according your status* in some cases you'll be paying up to 58% income taxes
for the moment those coins have the status as stock exange and has their own taxation, regardless of your status. i think it should stay the same way.
europe and their members needs money and now they smell it, so why not change the rules hey *grrr...*
isn't it curious that they want to change the taxation and income rules now with all those waves of "immigrants" and refugies" over running europe. somehow it got to be paid....
status*: as in private sector, self imployed, wellfair, exetera ..
sorry i don't know the wright word for it, but i'll be happy and appreciated if someone could inlighten me with the wright word for it ^^
Don't you think it may give bitcoin more legitimacy and lead to more interest from the institutional investors ?
there are other ways
this way and i'm shure of it, is their way of: if we can't controle it, we kill it.
when taxation rules are changed that might chase away people because of that. And other people might doing busness on blackmarkets even more to avoid these new tax rules, pushing bitcoin into illegality and thus killing it
always remember, when you hear europe talking, think of Loki, because europe always talks like Loki
