How can the answer be improved? Bitcoin is Exempt from VAT, Rules European Court of Justice.
The ruling follows moves by European governments to exempt bitcoin from VAT, such as the United Kingdom. The European Central Bank ( ECB) published a report recognizing virtual currencies growth. The report, “ Virtual currency schemes – a further analysis, ” contained 37- pages regarding the risk of bitcoin and their ropean Union law or the validity of a European Union act.
The Court of Justice does not decide the dispute itself.