NFT and VAT

Belgian Minister Vincent Van Peteghem’s recent response on the VAT treatment of “NFT operations” can be summarized as follows:

“  As far as NFTs are concerned, [they seem to be considered] a digital collector’s item or a digital art object (…). [M]y administration is of the opinion that the trade in NFTs should be considered as a supply subject to VAT (…).

Source NFT & VAT

---

---