Business

How Denmark is Treating Digital Currency

August 22, 2014 olaf 0

With all the controversy and talk spreading around the subject of digital currency such as the Bitcoin, Denmark has made some important decisions regarding it and its use. The Tax Board in Denmark has ruled that gains and losses obtained from casual trading are not subject to taxation. This simply means that gains derived from digital currency trading is not taxable. In the same breathe, losses cannot be claimed as tax deduction. […]