Belgian VAT Exemption for Transactions on Cryptocurrencies: Scope of Application and Boundaries

Abstract

For several years now, transactions involving crypto assets have been flourishing, whether they involve buying or selling cryptocurrencies or non-fungible tokens (NFTs) or paying for the delivery of goods or services via cryptocurrencies. In this article, the authors provide an overview and address some of the issues of the Belgian VAT treatment applicable to transactions on cryptocurrencies.