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Tax Treatment of Non-Fungible Tokens: Legal Perspectives and Implications for Digital Assets

    The tax treatment of non-fungible tokens (NFTs) remains largely unclear, despite their growing economic significance. NFTs are unique crypto assets representing rights to an underlying asset. The resale of NFTs is considered an electronically provided service under German tax law.

Source: datenbank.nwb.de

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.



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