New assets, (largely) same old rules: The taxation of digital tokens

• Main Author: OOI, Vincent
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2022
• Subjects: Taxation; taxation law; tax law; cryptocurrencies; digital tokens; Business Organizations Law; Corporate Finance; Tax Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/3967; https://ink.library.smu.edu.sg/context/sol_research/article/5925/viewcontent/New_Assets___Largely__Same_Old_Rules__The_Taxation_of_Digital_Tokens.pdf
• Institution: Singapore Management University

In this blog post, I highlight the fact that across jurisdictions, tax provisions specifically drafted to address the taxation of digital tokens are still quite rare, meaning that existing orthodox tax rules will have to be applied. However, care must be taken when applying tax provisions and one mu...