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Bitcoin currency exchange not liable for VAT taxes: top EU court

Exchanging traditional currency for the digital currency bitcoin online should be exempt from consumption taxes just like other transactions of banknotes and coins, the European Court of Justice said on Thursday. Europe’s highest court ruled in response to a request by Swedish tax authorities, who had argued bitcoin transactions should not be covered by a European Union directive exempting currency transactions from value added tax (VAT). “Those transactions are exempt

Toyota, Microsoft, Chrysler among advertisers for Yahoo NFL game

Toyota Motor Corp, Microsoft Corp and Chrysler are among the brands that will advertise this weekend during Yahoo Inc’s first live-streamed National Football League game, the internet company said Thursday. Yahoo will stream Sunday’s game between the Buffalo Bills and Jacksonville Jaguars, the first time viewers around the world can watch an NFL game online for free.

AT&T says third-quarter consensus revenue estimates 'inflated'

(Reuters) – AT&T Inc said on Wednesday that consensus revenue estimates for its third-quarter were “inflated” as they differed from its own accounting, which includes results from DirecTV, acquired by the No. 2 U.S. wireless carrier in July. Shares of AT&T, which is scheduled to report results on Thursday, fell as much as 1.3 percent after the Wall Street Journal first reported that the company’s revenue for the quarter could