This article discusses the VAT treatment of nonfungible tokens (NFTs) in the European Union. These tokens have been on the market for some time, but their trade volume has grown exponentially recently. Tax authorities have developed some interest in them as a potential new source of revenue, paying attention to their ecosystem and the parties involved. Some tax authorities have already taken a position, while others have remained silent, waiting for market developments.
Source IBFD
Click on the logo to visit the website
Latest Posts in "European Union"
- Virtual Currency Taxation: Analyzing VAT Implications in Gaming Post Case C-472/24
- EU Targets Chinese Customs Fraud Networks Amid Rising Organized Crime Concerns
- 2025 Update: VAT Rates Across European Union Countries and Key Reduced Rate Categories
- Peppol International (PINT) Specifications for the European Union – EU PINT Billing V1.0.0
- ECJ Customs C-86/24 (CS STEEL a.s.) – Judgment – EU Court Rules on Non-Preferential Origin and Substantial Transformation
