CJEU rules sale of bitcoin exempt from VAT

28-11-2016

The legal framework for virtual currencies, such as bitcoin, is still far from clear. One controversial aspect is the status of bitcoins under tax law. In a 2015 judgment, the CJEU provided clarification on the status of bitcoins for the purposes of value added tax.

The legal framework for virtual currencies, such as bitcoin, is still far from clear. One controversial aspect is the status of bitcoins under tax law. In a 2015 judgment, the CJEU provided clarification on the status of bitcoins for the purposes of value added tax.