RE: 260,000 stores in Japan will be accepting bitcoin for payments

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260,000 stores in Japan will be accepting bitcoin for payments

in bitcoin •  7 years ago 

I wonder for how long Japan and other governments will refuse to collect VAT for cryptocurrency payments. Probably when VAT revenue start to drop significantly.

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7 years ago by

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      ·  7 years ago 

    can they add a VAT on bitcoin purchases?

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        ·  7 years ago (edited)

      Sure, they can force commerces to pay VAT. It may be tricky to control if they really pay the VAT, but not much difficult than cash payments.

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