Taxing cryptocurrencies

IF 2.1 2区经济学 Q2 ECONOMICS

Oxford Review of Economic Policy Pub Date : 2023-08-18 DOI:10.1093/oxrep/grad035

Katherine Baer, Ruud De Mooij, Shafik Hebous, Michael Keen

引用次数: 1

Abstract

Abstract Policy-makers are struggling to accommodate cryptocurrencies within tax systems not designed to handle them; this paper reviews the issues that arise. The greatest challenges are for implementation: crypto’s pseudonymity is an inherent obstacle to third-party reporting. Design problems arise from cryptocurrencies’ dual nature as investment assets and means of payment: more straightforward is a compelling case for corrective taxation of carbon-intensive mining. Ownership is highly concentrated at the top, but many crypto investors have only moderate incomes. The capital gains tax revenue at stake worldwide may be in the tens of billions of dollars, but the more profound risks may ultimately be for VAT/sales taxes.

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cryptocurrencies征税

政策制定者正在努力将加密货币纳入税收制度，而税收制度并不是为处理加密货币而设计的;本文回顾了由此产生的问题。最大的挑战是实施:加密货币的假名性是第三方报告的固有障碍。设计问题源于加密货币作为投资资产和支付手段的双重性质:更直接的是对碳密集型采矿进行纠正性征税的令人信服的理由。所有权高度集中在顶层，但许多加密货币投资者的收入并不高。全球范围内的资本利得税收入可能高达数百亿美元，但更深刻的风险最终可能是增值税/销售税。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Oxford Review of Economic Policy ECONOMICS-

CiteScore

12.50

自引率

1.50%

发文量

期刊介绍： The Oxford Review of Economic Policy is a refereed journal which is published quarterly. Each issue concentrates on a current theme in economic policy, with a balance between macro- and microeconomics, and comprises an assessment and a number of articles. It gives a valuable appraisal of economic policies worldwide. While the analysis is challenging and at the forefront of current thinking, articles are presented in non-technical language to make them readily accessible to all readers. The Oxford Review is aimed at a wide audience including government, business and policy-makers, as well as academics and students. It is required reading for those who need to know where research is leading.