Taxation of Cryptocurrencies

Portuguese tax authorities say they don't know what to do with crypto currency. They cite a number of old court rulings, including one that said biquin transactions were deemed as like a means of payment and didn't need to pay v a t on them. But the swedish tax authority made a massive case against this,. And appealed and said, basically, the european court of justice did not understand crypto currency very well. The ruling is expected to be reversed in due course.