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Tax Agency Clarifies VAT Rules for NFTs with Digital Works

The Swedish Tax Agency issued Statement No. 8-2837945, clarifying VAT rules for non-fungible tokens (NFTs) linked to digital works. It includes a 25% tax rate, ownership considerations, NFT transfers as a single transaction, VAT on in-country transactions, and the inapplicability of reduced tax rates for NFT sales.

Source GlobalVATcompliance


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