Bitcoin Exchange Transactions Now Tax Free In Europe
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The crypto-currency can now be traded with the same tax implications as mainstream currency. Following a new ruling from the highest court in Europe, bitcoin and other virtual currencies can be exchanged without VAT (value added tax) in the European Union. The ruling puts bitcoin on a similar level to mainstream money after Swedish national David Hedqvist More...
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Brazil’s Recession Could Be Worse Than Previously Expected
Dilma Rousseff, Brazil’s president has been struggling to maintain power over the country after a vast corruption scandal. New lows have been reached for Brazil’s currency, the real, it was revealed on Thursday More...
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Long Term Growth May Slow In US Stock Markets Due To Overvalued Stocks
The price of the S&P 500 over the last 10 years. Following the financial meltdown of 2008 investors have seen a six year boom in stocks with the S&P 500 rising up to 2,079 at the time of writing all the More...
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Greek Banks To Re-Open From Monday
Greek banks were originally closed to prevent a collapse whilst the country was in talks with it’s creditors. After three weeks of closure the Greek government has ordered banks to re-open on Monday. Just More...
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Trading Comes To A Halt On The New York Stock Exchange
NYSE officials have denied any relation to a cyberattack. The largest stock exchange in the world has seen trading on all shares suspended due to technical difficulties. Officials have confirmed that all open orders More...
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British Banks Reduce Deposit Guarantees To £75,000
The deposit guarantee has been reduced following the devaluation of the euro. £75,000 will be the guarantee limit for cash in bank accounts from 01 Jan 2016, said the Bank of England. The current limit of £85,000 More...