Theoretical Issues of Crypto Assets Taxation and the Regulatory Framework of Hungary

Abstract

Crypto assets have gained significant popularity and mainstream acceptance in recent years, and their adoption as an investment and trading vehicle has increased their value. However, the tax implications of these assets often need to be clarified and are subject to differing interpretations by tax authorities worldwide. The article delves into the various approaches to the taxation of crypto-assets and the challenges tax authorities face in identifying and regulating these assets. Additionally, the paper discusses the Hungarian regulatory framework’s unique features for crypto-assets taxation. Finally, the article highlights the importance of clear guidance and regulations to provide certainty to investors and traders and ensure that tax authorities can effectively regulate and enforce taxation on these assets. As such, the article serves as a valuable resource for those seeking to navigate the complex and rapidly evolving area of crypto-assets taxation.