Cryptoeconomy

VAT tax support for activities based on cryptoassets

Comprehensive tax support for entities whose activities are based on the use of cryptoassets (from relatively simple transactions carried out on the market to more complex business models, including e.g. staking of tokens by users), including: in terms of:

• tax classification of VAT activities – trading in cryptocurrencies and tokens on the financial market (DeFi), trading and new applications of cryptoassets, e.g. NFTs, digital items in metaverses, events and services in metaverses;
• determining the appropriate VAT rates, base and place of taxation applicable to innovative projects;
• defining and indicating possible simplifications in recording/operational obligations;
• support in obtaining interpretations issued by the competent tax authorities confirming the method of taxation for specific events..

Income tax support

Support in determining the correct and possibly effective method of taxation for income tax purposes of activities in the area of ​​cryptoeconomics, including:

• trading virtual currencies, converting cryptocurrency into a traditional means of payment,
• costs of producing tokens;
• purchase of dedicated computer equipment and IT systems;
• purchase of support services (including e.g. computing power supply services)..

Transfer pricing support

• Verification of ongoing/planned transactions related to cryptoassets in terms of their marketability, including determining the market level of remuneration with a model adapted to the type of transaction and asset;
• Analysis of the profitability of competition on transactions related to cryptoassets.

Regulatory support

• Analysis of the impact of planned changes in the scope of registration obligations resulting from, among others, from DAC8 on the activities of entities providing intermediation services in the field of cryptoassets.
• Consultations on new tax regulations in the field of cryptoeconomics regarding cryptocurrencies, NFTs, metaverses.