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VAT Treatment of tokens
| Publications | Tax
Andersen’s VAT & Customs practice in Europe conducted a comprehensive analysis of the VAT treatment of various types of tokens
Andersen’s VAT & Customs practice in Europe conducted a comprehensive analysis of the VAT treatment of various types of tokens. The document categorizes tokens based on their nature and purpose, including currency tokens, equity tokens, security tokens, asset tokens, utility tokens, and non-fungible tokens. The Andersen experts also explored the complex VAT treatment of tokens and how it varies depending on their specific nature and purpose, highlighting that the VAT treatment of tokens is currently being discussed at the EU level.
You can read the full document here.
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