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Copyright Giulio Coraggio 2018

 

Issues affecting Bitcoin and gaming are becoming a very frequent topic of discussion since a number of gaming websites decided to allow Bitcoin transactions.  Even relevant gambling regulators decided to take actions to protect both operators and players in case of Bitcoin transactions to set a friendly environment where such virtual currency can be used.  However, the usage of Bitcoin leads to potential gaming law issues as well as non-gaming related issues.

There is no need of a web tax dedicated to digital companies according the report from the Expert Group on Taxation of the Digital Economy established by the European Commission, but the current general rules should be applied also to digital companies.  However, recent court decisions and delegation laws leave some risks open in relation to the Internet liability regime of web companies for tax purposes.