<blockquote>
<p><strong>Is there a specific rule on this in the EU?</strong></p>
</blockquote>
<p>According to <a href="https://nomoretax.eu/bitcoin-taxation-developed-countries/" rel="nofollow noreferrer">https://nomoretax.eu/bitcoin-taxation-developed-countries/</a></p>
<blockquote>
<p>The fiscal treatment of Bitcoin for tax purposes differs depending on EU country.</p>
</blockquote>
<hr />
<blockquote>
<p><strong>how do I even know or calculate my taxes?</strong></p>
</blockquote>
<ul>
<li>By consulting material published by the tax authorities in the country in which you are resident (and US as well if a US citizen resident outside the US).</li>
<li>By consulting a tax adviser.</li>
<li>By contacting the local tax authorities and asking them for advice. (In my country at least, they are friendly and helpful to people seeking advice).</li>
</ul>

CC BY-SA 4.0
2021-04-08T10:04:58.270Z
2021-04-08T10:04:58.270Z
RedGrittyBrick
<p>There are plenty crypto debit cards, like Crypto.com's or Binance's. I can easily use my fund to purchase goods and services without taking profit out of an exchange, and just simply use the funds on it.</p>
<p>If I purchase coffee with a debit card like that, is it taxable?</p>
<p>And if it is, how do I even know or calculate my taxes?</p>
<p>Is there a specific rule on this in the EU?</p>

<taxes><bitcoin-credit-card><debitcard><europe>
How does tax work with crypto Debit cards?
curiousTrader
# How does tax work with crypto Debit cards?

(Asked by: username_0 on 2021-04-06)

There are plenty crypto debit cards, like Crypto.com's or Binance's. I can easily use my fund to purchase goods and services without taking profit out of an exchange, and just simply use the funds on it.

If I purchase coffee with a debit card like that, is it taxable?

And if it is, how do I even know or calculate my taxes?

Is there a specific rule on this in the EU?

**Tags:** taxes, bitcoin-credit-card, debitcard, europe


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## 1 answers

### Answer by username_1 on 2021-04-08. Score: 1

> **Is there a specific rule on this in the EU?**

According to <https://nomoretax.eu/bitcoin-taxation-developed-countries/>

> The fiscal treatment of Bitcoin for tax purposes differs depending on EU country.

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> **how do I even know or calculate my taxes?**

* By consulting material published by the tax authorities in the country in which you are resident (and US as well if a US citizen resident outside the US).
* By consulting a tax adviser.
* By contacting the local tax authorities and asking them for advice. (In my country at least, they are friendly and helpful to people seeking advice).


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