TAXEDO LLP

International Tax Experts & Boutique Law Firm

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  • The UK could become the world’s most attractive location for businesses using digital currencies, such as bitcoins, after George Osborne announced a new package of regulation for the nascent sector including anti-money-laundering rules. Entrepreneurs have long complained that the lack of rules has made it hard for them to be accepted as legitimate, and there […]

  • The use of virtual currencies is maturing, and responses to their use are rapidly evolving. Virtual currencies are a paradigm-busting phenomenon that test the existing frameworks of central banking, taxation and currency. Virtual currencies, such as Bitcoin, are also a concern for IT professionals, as potential administrators of systems that may use them. So, what […]

  • LONDON (InsideBitcoins) — As of January 1st, the European Union instituted new rules regarding electronic services as a taxable commodity. Whilst not directed at bitcoin specifically, the directive refers to supplying a ‘digital service’ to another member state and as such one clear requirement for the supplier would be determining if they are providing this […]