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NFTs from a VAT perspective

NFTs and cryptocurrencies – two terms that should increasingly find their way into consultations with clients in the future. While the tax treatment of cryptocurrencies can be assessed with greater legal certainty, not least due to the BMF letter of May 10, 2022 (see contribution by Dr. Markus Ertel ), NFTs are still largely ignored by the tax authorities. However, since these are increasingly being used by companies for marketing purposes, VAT aspects should be checked first.

Source: nwb-experten-blog.de

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