About this ebook
Essay from the year 2017 in the subject Business economics - Accounting and Taxes, grade: 1,00, University of Liechtenstein, früher Hochschule Liechtenstein, language: English, abstract: This paper has a in depth look into the subject of Taxation of Bitcion in the UK, Germany, Liechtenstein, Switzerland, Australia. According to the US Internal Revenue Service (IRS) bitcoin is an asset or an intangible property, but not a currency. The reason behind this definition is that bitcoin is not issued by central banks. For bitcoin holders, this means that every transaction (buying, selling, investing or even using bitcoin) must be reported to the tax authority, no matter how big the amount is. In this context capital gains tax has to be paid if goods are bough in a grocery store (IRS, 2016).
About the author
Rate this ebook
Tell us what you think.
Reading information
Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.
