Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 09 FEBRUARY 2022

Taxation Of Crypto Assets And Cryptocurrencies: Time For Action

Loyens & Loeff
Loyens & Loeff
Contributor
Loyens & Loeff

Loyens & Loeff

One firm: Law and Tax Loyens & Loeff is a leading independent, full-service law and tax firm in...

View firm profile
Explore more from Loyens & Loeff

Over the past few years, we have come across many clients in the crypto sector. With experience, it has become allot easier to ascertain the tax...

NetherlandsTechnology
Pepijn Pinkse
Pepijn Pinkse

Over the past few years, we have come across many clients in the crypto sector. With experience, it has become allot easier to ascertain the tax implications of each token and (crypto) business model. However, considering the fact the first Bitcoin was minted in 2003 and the first ICO occurred in 2013, the lack of legislation or guidance from tax authorities is remarkable.

On 18 January 2022 Pepijn Pinkse, senior tax lawyer and member of the FinTech team at Loyens & Loeff in Amsterdam, spoke at the 11th Annual IBA Finance & Capital Markets Tax Virtual Conference as part of a panel of crypto tax experts. This article gives an insight into the topics discussed.

One of the biggest frustrations for (tax) lawyers advising clients in the crypto sector is the complete lack of legislation or comprehensive guidance from tax authorities. While local authorities have yet to make a start implementing legislation relating to cryptocurrencies (such as Bitcoin), the crypto

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Dutch FDI Regime Scope Expanded: Six New Technology Categories Will Qualify As Highly Sensitive From 1 January 2027

The Dutch government has announced a significant expansion of its foreign direct investment screening regime, adding six new technology categories to the list of "sensitive technologies" subject to mandatory notification requirements. These additions reflect growing concerns about technological competition and national security risks associated with emerging technologies that could be weaponized or create strategic dependencies.
NetherlandsTechnology
Loyens & Loeff
Loyens & Loeff
Article

OECD Releases New Pillar Two Guidance, Updated GIR And Framework For Legislative Reviews

The OECD has released new administrative guidance on Pillar Two's Global Anti-Base Erosion (GloBE) Rules, addressing explicitly conditional taxes and QDMTT safe harbour operations. The package includes an updated GloBE Information Return incorporating permanent safe harbours and establishes a peer review framework for assessing whether domestic legislation aligns with international standards.
NetherlandsTax
Loyens & Loeff
Loyens & Loeff
Article

Introduction Of A New Swiss Transparency Register

Switzerland's new Legal Entities Transparency Act introduces a centralised federal register of beneficial owners, fundamentally changing how Swiss companies must identify, document and report ultimate ownership and control structures. The regime imposes strict reporting deadlines beginning in late 2026, with criminal sanctions for non-compliance reaching up to CHF 500,000 for intentional breaches. Companies must now navigate complex look-through requirements, enhanced documentation obligations, and ongoing
SwitzerlandCorporate/Commercial Law
Loyens & Loeff
Loyens & Loeff