The Vat Treatment of Crypto Art: Between NFTs, Smart Contracts and the Metaverse: How a Bundle of New Concepts Can Fit into the Existing Categories

Art, like much of what surrounds us, is also evolving due to digitalization processes. The authors analyse some of the most relevant aspects of the VAT treatment of certain crypto art models and propose a legal analysis that has both important practical and theoretical implications. In addition to this, they also propose some tax policy assessments and stimulate a debate that proceeds beyond merely tax issues and discusses a number of constitutional values such as whether digital art can be considered ‘art’ and thus protected accordingly. VAT, Crypto art, smart contract, metaverse, reduced rates, constitutional values, place of supply