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EU VAT Committee publishes working paper on non-fungible tokens

  • The EU VAT Committee published a working paper with initial reflections on non-fungible tokens (NFTs).
  • The working paper describes the NFT environment as background for addressing recent NFT-related questions and issues.
  • While no definite conclusions are drawn, the paper highlights that the provision of NFTs is not necessarily an electronically supplied service.

Source EY

 

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