Poland tax authorities said bitcoin mining should pay 23% of the profits as a value-added tax
In Poland, a recent discussion of the legal status of the virtual currency, a local tax authorities claimed bitcoin mining to pay 23% of the value-added tax.
This is a tax authority in charge of the central city of Poland Poland Rhodes application requirements in a Poland coal mine under the explanation. In a statement released, the authorities said the party requires taxation of sales income to make bitcoin mining related legal interpretation. “The applicant ready to sell virtual currency to sell other goods.” The statement said.
According to the documents show that the bitcoin miners are sold to three place, a place outside the EU, the other two in the territory. Including the one in Belize City (South America) company, a British registered website, there is a company registered in Poland Rhodes company.
“According to the applicant said, sales tax does not apply to bitcoin, because bitcoin is not a commodity or a service,” the agency said, “the applicant said bitcoin mining income is not a commodity, because he did not have the form of material existence.”
Anyway, the authorities do explain no legal basis, because the applicant requests bitcoin mining fees make accurate definition.”
“In the current law, the legal cognition the applicant said to him the situation is wrong,” the statement said, “the applicant through the Internet and websites selling to customers to dig their own bitcoin this behavior is completely suitable for Poland’s value-added tax.” “In principle, the tax rate is 23%. Poland tax authorities said.