Bitcoin Forum
June 18, 2018, 02:15:15 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: German Ministry of Finance: Bitcoin IS A PAYMENT  (Read 3457 times)
grau
Hero Member
*****
Offline Offline

Activity: 836
Merit: 1000


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
1529331315
Hero Member
*
Offline Offline

Posts: 1529331315

View Profile Personal Message (Offline)

Ignore
1529331315
Reply with quote  #2

1529331315
Report to moderator
The World's Betting Exchange

Bet with play money. Win real Bitcoin. 5BTC Prize Fund for World Cup 2018.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529331315
Hero Member
*
Offline Offline

Posts: 1529331315

View Profile Personal Message (Offline)

Ignore
1529331315
Reply with quote  #2

1529331315
Report to moderator
1529331315
Hero Member
*
Offline Offline

Posts: 1529331315

View Profile Personal Message (Offline)

Ignore
1529331315
Reply with quote  #2

1529331315
Report to moderator
Shallow
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


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

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

grau
Hero Member
*****
Offline Offline

Activity: 836
Merit: 1000


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:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!