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DGT Consultation: VAT Payment with Cryptocurrencies in Restaurants

  • The DGT has examined the payment in a restaurant using cryptocurrencies.
  • The customers must pay the VAT for the hospitality services.
  • The delivery of cryptocurrencies as a means of payment is not subject to the VAT.
  • The entity consulting is considering accepting cryptocurrencies as a payment method.
  • The entity must charge VAT for the hospitality services and declare them in their tax return.
  • The customers will pay for the services using cryptocurrencies, which is not subject to the VAT.

Source: audiconsultores-etlglobal.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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