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But would it fuck him on the VATMOSS? Would he lose the ability to verify the address via the cardholder billing address? A question I don't know the answer to
by Nexxxeh 11y ago
But would it fuck him on the VATMOSS? Would he lose the ability to verify the address via the cardholder billing address?
A question I don't know the answer to.
- joshvm 11y agoAt the moment it's a bit of a grey area. In the future, the Government is already planning: https://www.gov.uk/government/publications/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies/revenue-and-customs-brief-9-2014-bitcoin-and-other-cryptocurrencies#vat-treatment-of-bitcoin-and-similar-cryptocurrencies https://www.gov.uk/government/publications/revenue-and-custo... You'll have to charge VAT as normal, before the price is converted into bitcoin.
- chejazi 11y agoThis is a really good question. It's funny, a little digging led me back to the same blog. https://remysharp.com/2014/12/30/vatmoss-proof https://remysharp.com/2014/12/30/vatmoss-proof I could see the location information being supplied using a Bitcoin service provider (Coinbase?), but whether it is accepted as "proof," is questionable.