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The wait is over: the final BMF circular on taxation of virtual currencies was published on 10 May. Almost a year after its first draft, the Ministry of Finance has thus finally made the tax authorities’ position a little clearer. Dr Martin Friedberg, a lawyer and tax advisor, and Dr Hendrik Arendt, also a lawyer specialising in tax law, are providing an update today on the BMF circular and on case law relating to crypto tax.
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