07th May 2024
Data protection in online trading

Data protection in online trading

It's crucial, that users’ personal data is protected, to protect their privacy. Many online retailers therefore rely on encryption technologies and strict security measures, to protect their customers’ data. Still, it's important to note, that absolute security cannot be guaranteed. It is also the responsibility of the users, to protect your data carefully, by using strong passwords and being careful with your personal information. Data protection in online trading is an extremely important issue. Lawyer Dipl.-Ing. Michael Horak, LL.M. Privacy policies should be transparent and provide users with clear information about them, how your data is used. It is also important, that users have control over their....

23rd Oct 2015
Exchanges in Bitcoins are exempt from VAT and fall within Article. 135 Abs. 1 BUCHST. e of Directive 2006/112

Exchanges in Bitcoins are exempt from VAT and fall within Article. 135 Abs. 1 BUCHST. e of Directive 2006/112

1. Art. 2 Abs. 1 BUCHST. c of Council Directive 2006/112 / EC of 28. November 2006 on the common system of VAT is to be interpreted, standing that transactions such as those at issue in the main proceedings, consisting Exchange conventional currencies in units of virtual currency "Bitcoin" and vice versa, which are executed for an amount, corresponding to the margin, represented by the difference between the price, to which the economic operator concerned buys currencies, and the price, at which he sells them to its customers, is formed, constitute paid services provided for the purposes of that provision. 2. Art. 135 Abs. 1 BUCHST. e of Directive 2006/112 must be interpreted, that services such as ...