Bitcoin Forum
December 14, 2024, 07:50:28 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: German Ministry of Finance: Bitcoin IS A PAYMENT  (Read 3603 times)
grau (OP)
Hero Member
*****
Offline Offline

Activity: 836
Merit: 1030


bits of proof


View Profile WWW
October 12, 2013, 08:31:01 AM
 #1

Clearing of claims with Bitcoin is a payment, not a delivery of a digital good, hence no implications to VAT.

Article in WELT: http://www.welt.de/finanzen/article120823372/Zahlungen-mit-Bitcoins-sind-umsatzsteuerfrei.html

Original of the Ministry: http://www.frank-schaeffler.de/wp-content/uploads/2013/10/2013_09_27-Antwort-Koschyk-Bitcoin3.pdf
Shallow
Sr. Member
****
Offline Offline

Activity: 938
Merit: 255


SmartFi - EARN, LEND & TRADE


View Profile
October 12, 2013, 08:50:40 AM
 #2

Awesome, Germany is always at the forefront of accepting btc  Cheesy

████
██
██
██
██
██
██
██
██
██
██
██
████
...The Open..............
...Lending Platform...
████
████
████
████
████
████
████
████
████
████
████
████
████
▄▄█████████▄▄
▄█████████████████▄
▄██████████▀▀▀▀███████▄
█████████▀        ███████
████████▀        ▄█████████
█████████       ▄▀▀██████████
█████████     ▄▀   ▀█████████
██████████  ▄▀      █████████
█████████▀▀       ▄████████
███████        ▄█████████
▀███████▄▄▄▄██████████▀
▀█████████████████▀
▀▀█████████▀▀
.SMARTFI..████
████
████
████
████
████
████
████
████
████
████
████
████
...Join the SmartFi.....
...Token Sale...
████
██
██
██
██
██
██
██
██
██
██
██
████
████████████████████████████
████████████████████████████
████████████████████████████
█████████████████▀▀  ███████
█████████████▀▀      ███████
█████████▀▀   ▄▄     ███████
█████▀▀    ▄█▀▀     ████████
█████████ █▀        ████████
█████████ █ ▄███▄   ████████
██████████████████▄▄████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████▀▀▄██████▄▀▀████████
███████  ▀        ▀  ███████
██████                ██████
█████▌   ███    ███   ▐█████
█████▌   ▀▀▀    ▀▀▀   ▐█████
██████                ██████
███████▄  ▀██████▀  ▄███████
████████████████████████████
████████████████████████████
████████████████████████████
grau (OP)
Hero Member
*****
Offline Offline

Activity: 836
Merit: 1030


bits of proof


View Profile WWW
October 12, 2013, 08:52:17 AM
 #3

Awesome, Germany is always at the forefront of accepting btc  Cheesy

Simple. Germans are rational and love sound money.
An amorous cow-herder
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
October 19, 2013, 02:32:23 PM
 #4

On a related note, income from mining is regular "other" income if done privately. That means tax free for up to 256€ worth of income per year, subject to normal tax rates if above.
On the bright side that also means mining expenses (hardware, electricity) are deductable.
Article on http://www.heise.de/newsticker/meldung/Einkuenfte-aus-Bitcoin-Mining-koennen-steuerpflichtig-sein-1981629.html.

All in all thats a pretty good sign. Bitcoin is no longer a gray area in Germany. Well possible to see increased adoption as a payment method.
Dansker
Hero Member
*****
Offline Offline

Activity: 740
Merit: 500


Hello world!


View Profile
October 20, 2013, 10:02:02 AM
 #5

This could mean, that at least in Europe, Germany will become a leader in bitcoin investments.

If there is one thing investors like, it is a potential for growth in an environment of legal predictability.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!