The use of virtual currencies and tokens has dramatically risen recently and regulations in force could appear to do not be able to follow the technology’s path. However, when it is time to consider the tax treatment of transactions involving Distributed Ledger Technologies (DLT), it is necessary to refer to existing provisions, case-law and principles of law, as well as to the nature of the activities, the status of the parties involved and the specific facts and circumstances of the case.
Author: Michele Ferrari
Source: springer.com
