On 23 March, KPMG reported that the EU’s advisory VAT Committee had published Working Paper 1060 regarding an EC question on non-fungible tokens (NFT). It explains that the Committee was set up to promote the uniform application of the provisions of the EU VAT Directive. The Working Paper is the first EU-wide policy document on this subject and lays out the EC’s initial reflections on the VAT treatment that should be applied to NFT.
https://kpmg.com/us/en/home/insights/2023/03/tnf-eu-vat-committee-working-paper-treatment-nfts.html
https://www.buymeacoffee.com/KoIvM842y
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