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Rogério Fernandes Ferreira comment on the Portuguese Tax Authority Issues Ruling on ICO and VAT

30 May 2018 in New Money
Rogério Fernandes Ferreira comment on the Portuguese Tax Authority Issues Ruling on ICO and VAT
News

Rogério Fernandes Ferreira comment on the Portuguese Tax Authority Issues Ruling on ICO and VAT

30 May 2018 in New Money

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Transactions involving cryptocurrencies are raising interesting questions and concerns in the field of taxation. The supply of electronic goods and services has implications in the field of consumption taxation, which has been harmonized in the European Union through the implementation of the value added taxation (VAT) system. Following a recent tax ruling issued by the Portuguese Tax Authority (PTA), this article discusses VAT-related implications of cryptocurrencies, tokens, and initial coin offerings (ICO).

Read the full article attached.

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