Norway Will Tax Bitcoin + VAT

[Wilikon]

http://e24.no/digital/handler-du-bitcoins-maa-du-ut-med-skatt-og-moms/22639792


(google translate):

http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fe24.no%2Fdigital%2Fhandler-du-bitcoins-maa-du-ut-med-skatt-og-moms%2F22639792&act=url

Tax Administration has decided:
If you buy Bitcoins must
with both tax and VAT
Tax Administration has decided that Bitcoins is neither a currency or a financial service. It will turn right into your tax return if you have shopped with online currency.

========================================================

Norway: "All Your Bitcoins are Belong To Us!"

[Spendulus]

http://e24.no/digital/handler-du-bitcoins-maa-du-ut-med-skatt-og-moms/22639792


(google translate):

http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fe24.no%2Fdigital%2Fhandler-du-bitcoins-maa-du-ut-med-skatt-og-moms%2F22639792&act=url

Tax Administration has decided:
If you buy Bitcoins must
with both tax and VAT
Tax Administration has decided that Bitcoins is neither a currency or a financial service. It will turn right into your tax return if you have shopped with online currency.

========================================================

Norway: "All Your Bitcoins are Belong To Us!"

Well, what ya expect from the guys that gave Fuhrer Obama da Nobel Peace Prize?

[maurya78]

It is sub-optimal but it is official legitimacy of a kind...

Onus now on norwegian bitcoiners to educate their govt and get lenient regs in place over time

[NUFCrichard]

That sucks, not sure how it will be enforced but it must be annoying for the Norwegians

[Ekaros]

Silver is taxed in Finland...

Atleast gold over 36,5% purity is free if I understood right...

[Nik1ab]

That sucks, not sure how it will be enforced but it must be annoying for the Norwegians

They don't have to. Breaking the law is not that hard.

[niothor]

That sucks, not sure how it will be enforced but it must be annoying for the Norwegians

They don't have to. Breaking the law is not that hard.

Breaking the law might not be that hard , but people don't want to
1) break the law
2) be forced to break the law

[TheButterZone]

If people don't want to, they are forced to break arbitrary and capricious laws designed only to harm innocents and violate our civil liberties all the fucking time anyway.

[Nik1ab]

That sucks, not sure how it will be enforced but it must be annoying for the Norwegians

They don't have to. Breaking the law is not that hard.

Breaking the law might not be that hard , but people don't want to
1) break the law
2) be forced to break the law

Not breaking the law is stupid at times.

[niothor]

That sucks, not sure how it will be enforced but it must be annoying for the Norwegians

They don't have to. Breaking the law is not that hard.

Breaking the law might not be that hard , but people don't want to
1) break the law
2) be forced to break the law

Not breaking the law is stupid at times.

Same otherwise , breaking the law is just stupid sometimes.
People can simply weight the risks and go for it.
Or , they could try an change the laws , which It might be the better solution , right?

[giantdragon]

I hope Norwegians will ignore these absurd laws!

BTW, some countries apply VAT even on the investment gold bars, nevertheless people still buying them VAT-free on the "unofficial" market.

[Nik1ab]

That sucks, not sure how it will be enforced but it must be annoying for the Norwegians

They don't have to. Breaking the law is not that hard.

Breaking the law might not be that hard , but people don't want to
1) break the law
2) be forced to break the law

Not breaking the law is stupid at times.

Same otherwise , breaking the law is just stupid sometimes.
People can simply weight the risks and go for it.
Or , they could try an change the laws , which It might be the better solution , right?

Humans can't tell other humans what they have to do. This whole law thing is just absurd.

[Wilikon]

http://e24.no/digital/handler-du-bitcoins-maa-du-ut-med-skatt-og-moms/22639792


(google translate):

http://translate.google.com/translate?sl=auto&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fe24.no%2Fdigital%2Fhandler-du-bitcoins-maa-du-ut-med-skatt-og-moms%2F22639792&act=url

Tax Administration has decided:
If you buy Bitcoins must
with both tax and VAT
Tax Administration has decided that Bitcoins is neither a currency or a financial service. It will turn right into your tax return if you have shopped with online currency.

========================================================

Norway: "All Your Bitcoins are Belong To Us!"

Well, what ya expect from the guys that gave Fuhrer Obama da Nobel Peace Prize?

 

[Kiki112]

this is pure bullsh*t, if it's not  a financial service or a currency what dafauq is it? :/

[Ekaros]

this is pure bullsh*t, if it's not  a financial service or a currency what dafauq is it? :/

Virtual commodity?

[Kiki112]

this is pure bullsh*t, if it's not  a financial service or a currency what dafauq is it? :/

Virtual commodity?

I had to do this, but you have a point

[Ekaros]

this is pure bullsh*t, if it's not  a financial service or a currency what dafauq is it? :/

Virtual commodity?

I had to do this, but you have a point

And even considered commenting on how stupid the term virtual commodity is...

[metaverse22]

I wonder how they will tax BTC. Maybe its citizen should move to other countries 

[Nik1ab]

I wonder how they will tax BTC. Maybe its citizen should move to other countries 

Just breaking the law is easier.

[giantdragon]

Same otherwise , breaking the law is just stupid sometimes.
People can simply weight the risks and go for it.
Or , they could try an change the laws , which It might be the better solution , right?

Norway is highly welfare state, I would say even more socialist than USSR had been. So you really think its govt will change tax laws and reduce perks for idlers (which are large part of the electoral base)?!
Ignoring this idiotic law is only one option available IMHO.