The Danish Supreme Court has ruled that profits from Bitcoin (BTC) sales are a taxable event.
Danish Supreme Court March 30 He made two decisions on whether or not, under certain circumstances, the sale of Bitcoin would qualify as a taxable event. The court’s decision is users who trade as well as involving the miners occurred in two cases.
Reaching a similar decision for both cases, the authorities stated that Bitcoin trading users and miners alike. that they have to pay taxes if they sell their BTC. declared.
In the court’s statement, Bitcoin purchases speculative in nature While it is mentioned that if individuals and institutions make sales, Denmark’s State Tax Law It was emphasized that they were obliged to pay taxes within the scope of
The high court, which has a similar attitude about the income earned from mining, said that the Bitcoins obtained in this way to generate income and even though they’re sold that they are subject to tax clarified.