- The circular n. 30 provides clarifications on the tax treatment of crypto-assets, including indirect taxation.
- There are no specific provisions for VAT on these instruments, so international best practices are used.
- The EU should continue to support international efforts to promote convergence in the treatment of crypto-assets.
- Crypto-assets are a heterogeneous and evolving category, with the spread of hybrid forms.
- The Committee on VAT has proposed categorizing activities into payment, security, and utility tokens.
Source: eutekne.info
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
