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I'm not sure how that leaves the door open for people to dodge taxes. Sales taxes...
by skylan_q 13y ago
I'm not sure how that leaves the door open for people to dodge taxes.
Sales taxes...
- tedunangst 13y agoThey don't charge sales tax on barter transactions?
- runarb 13y agoYes, one pay vat on barter transactions in Norway[0]. But unsure how this works in practice. There are also some minimum that has to be reached before one has to add vat. 0: http://www.frilansinfo.no/hva-er-en-barteravtale http://www.frilansinfo.no/hva-er-en-barteravtale
- klapinat0r 13y agoAs a private citizen (not a company) you don't dodge sales tax (VAT). It's a refundable tax for companies, not a claimed tax.
- deleted 13y ago[deleted]
- gamblor956 13y agoVAT is a tax paid by the consumer, and which is collected by the final seller (to the end consumer). A business which accepts bitcoins would be required to remit the VAT in an acceptable currency. If the business did not collect VAT from the customer, the payment of VAT would be borne by the business.