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Austrian Guidance on Taxation of Bitcoin and Other Cryptocurrencies

Volume 4 No 12    /    Read Article

By Niklas J.R.M. Schmidt and Eva Stadler (guest authors)

While wild fluctuations in the value of Bitcoin are reported daily in global press and social media, the Austrian Ministry of Finance recently summarized its views on the tax consequences of investing in this relatively new asset class. Niklas J.R.M. Schmidt and Eva Stadler of Wolf Theiss, Vienna, explain the real-life consequences of the transacting in virtual currencies.    See more →