CJEU rules sale of bitcoin exempt from VAT

Author (Corporate)	European Parliament: European Parliamentary Research Service
Series Title	At a Glance
Series Details	November 2016
Publication Date	November 2016
Content Type	Journal \| Series \| Blog, Overview
	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 European Court of Justice provided clarification on the status of bitcoins for the purposes of value added tax. Author: Rafał Mańko
Source Link	Primary Source http://www.europarl.europa.eu/RegData/etudes/ATAG/2016/593558/EPRS_ATA(2016)593558_EN.pdf
Related Links	EPRS: Briefing: Virtual currencies: Challenges following their introduction http://www.europeansources.info/record/virtual-currencies-challenges-following-their-introduction/ ESO: Background information: Judgment in Case C-264/14 Skatteverket v David Hedqvist http://www.europeansources.info/record/press-release-judgment-in-case-c-264-14-skatteverket-v-david-hedqvist/
Subject Categories	Business and Industry, Internal Markets, Law, Taxation
Countries / Regions	Europe