- Members of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion.
- The authors are calling on the European Commission, the executive body in Brussels, to first assess how the EU nations are currently taxing cryptocurrencies and identify the different national policies in the fight against tax evasion through these assets.
- The resolution further insists on adopting a broadly accepted definition of crypto assets and a coherent definition of what would constitute a taxable event.
European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight Evasion
