NFTs and cryptocurrencies – two terms that should increasingly find their way into consultations with clients in the future. While the tax treatment of cryptocurrencies can be assessed with greater legal certainty, not least due to the BMF letter of May 10, 2022 (see contribution by Dr. Markus Ertel ), NFTs are still largely ignored by the tax authorities. However, since these are increasingly being used by companies for marketing purposes, VAT aspects should be checked first.
Source: nwb-experten-blog.de
Latest Posts in "Germany"
- Germany B2B E-Invoicing in 2027: Time to Prepare
- BMF Clarifies VAT Deduction Rules for Permanently Loss-Making Institutions: Two-Step Assessment Required
- Germany Publishes GEBA, Retires Old XRechnung Profiles to Boost E-Invoicing and Peppol Readiness
- Federal Court: Monthly/Quarterly and Annual VAT Returns Are Separate Acts, Not a Single Offense
- Incorrect VAT Statement in Intra-Community Supplies: Taxation Before Quick Fixes and EuG Decision
