New publication
Expert contribution on the taxation of utility tokens

The article “Besteuerung eines ICO/TGE in Liechtenstein: Beispielsfall mit einem Utility Token” [Taxation of ICO/TGE in Liechtenstein: Example with a utility token] was published in the magazine “Praxis Internationale Steuerberatung 01/2019” [Practices in International Tax Consultancy 01/2019].

In the past two years, the Principality of Liechtenstein has transformed into an extremely attractive location for the fields of blockchain and cryptocurrencies, which has led to numerous crypto- and blockchain-based companies settling in this area. The following example shows the consequences of taxation when issuing utility tokens, by which the focus does not only lie on the taxation in Liechtenstein, but also the consequences of taxation for the investor subject to taxation in Germany are pointed out.

Access article here: www.iww.de