Germany recognizes Bitcoin as ‘private money’
• RT.comBitcoin has been recognized for legal and tax purposes in Germany, making it the first country to take an official stance on the status of using the online currency as money.
Bitcoin has been recognized for legal and tax purposes in Germany, making it the first country to take an official stance on the status of using the online currency as money.
Okay, let's all go into private business so that it is personal use of Bitcoin. I mean, you don't need a shingle, these days, what with the Internet and all. So why use "their system" of business that taxes you? Rather, do it personally with Bitcoin so that you are outside their taxing requirements.