Bitcoin Is Not Legal So Let Us Tax Bitcoin: Colombian Government

in #bitcoin7 years ago

The Colombia Tax and Customs Office announced that Bitcoin is taxable despite the government had already declared Bitcoin isn’t legal in the country.

Still illegal
In an announcement by the Superintendency of Corporations back in December 2016, Bitcoin was declared not being a legal tender following the increase of many investment scams linked to Bitcoin.

The authorities stated that the only legal tender that the country recognizes is the Colombian peso issued by the Colombian Banco De Republica.

Read more here: https://cointelegraph.com/news/bitcoin-is-not-legal-so-let-us-tax-bitcoin-colombian-government

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