I wonder for how long Japan and other governments will refuse to collect VAT for cryptocurrency payments. Probably when VAT revenue start to drop significantly.
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I wonder for how long Japan and other governments will refuse to collect VAT for cryptocurrency payments. Probably when VAT revenue start to drop significantly.
can they add a VAT on bitcoin purchases?
Sure, they can force commerces to pay VAT. It may be tricky to control if they really pay the VAT, but not much difficult than cash payments.