By Iman Deschâtres
Senior Director International Tax Innovation at Taxamo a Vertex Inc. Company | VAT/GST Specialist
When I first started reviewing the potential VAT/GST taxation of NFTs, I had a very simple approach: it was just a digital service and the VAT/GST rules that apply on digital services will just apply to NFTs. My initial approach, while partially correct, was too narrow and the subject matter is much more complex especially when certain scenarios are taken into account. In this article I am focusing on what should be reviewed and what are the key similarities and differences with traditional digital services. ..
Source: LinkedIn
Latest Posts in "World"
- “How do I know if my Peppol e-invoice has arrived?” – A practical guide for entrepreneurs
- E-invoicing: putting taxation back at the heart of the system
- The Case for Adopting or Modernizing VAT Amid Economic Transformation
- VAT Report Guide: Understanding the Nine-Box Financial Document for Business Compliance
- What is a Standard Audit File for Tax (SAF-T)? A Global Compliance Overview