Sweden: Tax Agency guidelines on VAT treatment of NFTs
Progress
Current status
adopted
28 Mar 2024 adopted
Scope
Implementers
Sweden
Policy Area
Taxation
Policy Instrument
Indirect taxes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
DLT development
Government Branch
executive
Government Body
tax authority
Implementation Level
national
Timeline of events
Adopted Swedish Tax Agency guidelines on VAT treatment of NFTs
On 28 March 2024, the Swedish Tax Agency (TA) issued a ruling clarifying the value-added tax (VAT) treatment of non-fungible tokens (NFTs) linked to digital works. The TA defined NFTs as unique blockchain records signifying ownership of specific ass…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
tax authority