Quote:
Originally Posted by Nice_Nick
What the fuck are you talking about?
If you run a business and you pay VAT you need to add the rate to the sale price. It doesn't make an ounce of difference if that is in fiat or Bitcoin. You still charge tax if applicable.
I don't think you understand what Bitcoin is.
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i do understand it
what im asking how does the taxes work on purchases not income. Im not talking bout peer to peer trades of course thats has no tax involvement im talking about with the company who sell things and accept bitcoins
so far i see porn websites accepting bitcoins.
I know exaclty what bitcoins is its a new currency market where the backing is based on the confidence of the consumer.
I know about currency w the romans invented it and it has been copied over and over.
really if ppl were smart its plenty other legit currencies you can invest in
are bitcoins worth more than pesos ?