Report on the challenges which digital assets pose for tax systems with a special focus on developing countries

• Main Author: OOI, Vincent
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2023
• Subjects: Taxation; taxation law; tax law; cryptocurrencies; digital tokens; Tax Law
• Online Access: https://ink.library.smu.edu.sg/sol_research/4183; https://ink.library.smu.edu.sg/context/sol_research/article/6141/viewcontent/Report_on_the_Challenges_which_Digital_Assets_Pose_for_Tax_Systems_with_a_Special_Focus_on_Developing_Countries.pdf
• Institution: Singapore Management University

The paper highlights the need for governments to carefully consider the implications which the rise of crypto assets can have on tax systems, noting that the absence of a deliberate policy position would be a policy decision in itself, with consequences for the tax base. It discusses four main class...