Blockchain, Token and VAT

A Functional Analysis of Technology and Tax Law


The decentralised processing of transactions with value data (token) in cybernetically operated, self-administered networks - without the involvement of financial intermediaries - turns the traditional understanding of currency and payment systems upside down.

Please read the comprehensive analysis, published in “Expert Focus, 12/2018” here. (PDF, 183 Kb)

December 2018 | Authors: Thomas Linder, Dr. Mónika Molnár

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    Stefan Keller

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