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Very interesting. Have not thought about it like that.
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I seem to remember that Ben De Waal reported his expenses under the foreign currency "El Salvadoran Bitcoin" or smth, and he wasn't taxed in Germany.
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Very interesting. Have not thought about it like that.
I seem to remember that Ben De Waal reported his expenses under the foreign currency "El Salvadoran Bitcoin" or smth, and he wasn't taxed in Germany.
This is a well put question/topic. I am curious if anyone knows the ramifications of bitcoin being deemed legal tender in El Salvador when it comes to spending elsewhere. For example, I don't think spending euros in the US is a taxable event.