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EU VAT Exemption

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Virtual currencies can be exchanged tax-free in the European Union, following a ruling from the highest court in Europe. Bitcoin and its alternatives can now be treated in the same way as traditional money, according to the European Court of Justice. This decision has been welcomed by the Bitcoin community. It provided an important degree of certainty and helped virtual currency exchanges set up in Europe.

Date

January 16, 2022

Category

(IV) Rare
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