Bitcoin tax up to 22% in Greece!

[FurHeil]

http://www.reddit.com/r/Bitcoin/comments/28vzoq/i_sold_146_btc_at_btcplazacom_with_bank_transfer/

Any similar experiences?? Has the bitcoin taxation started already??

[1714856680]

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[Meuh6879]

explanations ?
http://www.reuters.com/article/2014/05/15/greece-tax-idUSL6N0O15IM20140515

[Meuh6879]

and more : http://www.cretanaccountant.gr/tax-liabilities-in-greece-for-non-greek-citizens/

Table A: Income tax bracket for salary, pension and agriculture income (it is valid since 01/01/2013)

[bitsmichel]

http://www.reddit.com/r/Bitcoin/comments/28vzoq/i_sold_146_btc_at_btcplazacom_with_bank_transfer/

Any similar experiences?? Has the bitcoin taxation started already??

Greece is full of corrupt officials, it should come as no surprise. They'll try to take the money of Greek citizens in any way possible.
A similar thing occurred in Cyprus.

[Guido]

got to feel sorry for the Greeks, with this bunch of clowns in charge

[CoinMode]

http://www.reddit.com/r/Bitcoin/comments/28vzoq/i_sold_146_btc_at_btcplazacom_with_bank_transfer/

Any similar experiences?? Has the bitcoin taxation started already??

Andreas Antonopoulus would be the guy to ask that question. He grew up in Greece under the oppressive banking system and that was his inspiration for developing decentralized networks and bitcoin software.

[CoinMode]

Here is a new article about Andreas that speaks quite a bit about his early days living under the corrupt Greek regime. http://bitcoinmagazine.com/14318/inside-antonopoulos-iiii-im-broke-im-happier-ive-ever/

[keithers]

If you are honest about your taxes, it could be significantly worse in the United States.   Short term capital gains can be upwards of 35% depending on your tax bracket...

[zimmah]

Tax? lol

so it's currency now or is it property tax or what?

how can you tax bitcoin in the first place?

ridiculous laws trying to make a profit on bitcoin.

[bitsmichel]

Tax? lol

so it's currency now or is it property tax or what?

how can you tax bitcoin in the first place?

ridiculous laws trying to make a profit on bitcoin.

In this case they taxed after the guy had transferred btc to national currency on the bank.
Politicians and lawyers are not sure what it is.

[mitzie]

I live in Greece, and I call this bullshit.

I agree that Greece is in a tough place right now, and taxation is not fair, but Greece hasn't announced anything about bitcoin yet. I have bought & sold bitcoins in the past and never had any problem. (with exchanges that required verification, passports, utility bills etc)

Any proof that the tax was 22% ?? Probably the guy declared the amount as an 'asset', and that's why the taxation was so high - I don't know, maybe I am wrong. But 22% taxation is way too much.

http://bitlegal.net/nation/GR.php

[Bibop]

might be wrong to change that in the banks.
if the country acting to btc as a known currency it might be common to reach people that will want to buy btc and exchange it without the bank, no?

[haploid23]

I don't buy this at all. Even if this were true, can you tell how the government in Greece will enforce a tax on bitcoin and prove that the transaction took place, and on Greece soil for that matter? Look at the US government, the IRS wants to tax bitcoin as property tax. It's only on paper, but they can't do shit to enforce it. They have no infrastructure enforce such a taxation system.

[keithers]

Tax? lol

so it's currency now or is it property tax or what?

how can you tax bitcoin in the first place?

ridiculous laws trying to make a profit on bitcoin.

US treats it like property/asset for taxes, but if you want to run an exchange, then all the sudden it is a currency and you have to register with FINCEN...lol

Double whammy

[BTCGR]

I do operate www.btcgreece.com ,in Greece and i would like to know more about
the incident occured to you.Do you have an official doc from the bank , showing the deduction of 22% as tax?
What kind of tax is described there?
Please feel free to pm , as i would like to help you resolve the issue.

[superresistant]

Come on, it's normal. How would Greek government and bankers afford their luxurious life if they don't tax the peasants ?

Villas, Ferrari, whores and coke are expensive. You must understand them.

[Cicero2.0]

Tax? lol

so it's currency now or is it property tax or what?

how can you tax bitcoin in the first place?

ridiculous laws trying to make a profit on bitcoin.

In this case they taxed after the guy had transferred btc to national currency on the bank.
Politicians and lawyers are not sure what it is.

Just another reason to hold.

Yes. The only place they can hit you is when it touches fiat. Keep it digital and there is no way to confiscate it without physical force.

[kuusj98]

Wat? They can't do such thing...

Here in NL, we can only get charged money if we have a certain amount of BTC which in my country is aka Box 3, or Much Money 

[Skele]

Come on, it's normal. How would Greek government and bankers afford their luxurious life if they don't tax the peasants ?

Villas, Ferrari, whores and coke are expensive. You must understand them.

It's so irritating to hear that this kind of things happens all around the globe, of course some more than others, but greeks, american,

mexican, european, chinese, politicians will be always the same rats anywhere.

[Remember remember the 5th of November]

http://www.reddit.com/r/Bitcoin/comments/28vzoq/i_sold_146_btc_at_btcplazacom_with_bank_transfer/

Any similar experiences?? Has the bitcoin taxation started already??

Andreas Antonopoulus would be the guy to ask that question. He grew up in Greece under the oppressive banking system and that was his inspiration for developing decentralized networks and bitcoin software.

Andreas Antonopoulos did not develop Bitcoin(unless he is Satoshi).