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Bitcoin as a commodity: License to tax?

Bitcoin as a commodity: License to tax? | money money money | Scoop.it

The US Commodity Futures Trading Commission (CFTC) has officially recognized Bitcoin has a commodity, offering yet further recognition for the emerging digital currency. Whether or not this recognition will turn out to be a good thing, however, remains to be seen.


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Bitcoin 'Should Be Exempted from VAT' Says European Court of Justice Official - CoinTelegraph

Bitcoin 'Should Be Exempted from VAT' Says European Court of Justice Official - CoinTelegraph | money money money | Scoop.it
The most popular Swedish news site, Dn.se, has reported the European Court of Justice as stating, “Bitcoin is a means of payment and that the exchange should therefore be exempted VAT obligations.”
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Swiss Crypto Community Reacts to Bitcoin's VAT Exemption - CoinDesk

Swiss Crypto Community Reacts to Bitcoin's VAT Exemption - CoinDesk | money money money | Scoop.it
Switzerland's bitcoin community has spoken out following confirmation that bitcoin is exempt from Value Added Tax (VAT) in the country.
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IRS Approach To Taxation of Bitcoin - Forbes

IRS Approach To Taxation of Bitcoin - Forbes | money money money | Scoop.it
The IRS approach to the taxation of crypto currencies like Bitcoin may turn into an accounting nightmare for all but the most casual of users.
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation