18 December 2017
Taxation of cryptocurrencies
Currently, the cryptocurrency Bitcoin ("BTC") is for the first time passing the threshold of USD 20,000 per BTC and setting a new record. The phenomenal rise in price of the BTC recently, but also the increased use of cryptocurrencies in daily life (e.g. purchasing BTC at Swiss Railway Company ticket vending machines or the paying for the services of the company register of the canton of Zug with BTC) has led to more and more people wanting to join the party. Accordingly the tax treatment of cryptocurrencies has greatly gained in importance.Read more
20 September 2017
Initial Coin Offerings (ICOs)
What are Initial Coin Offerings?
In an ICO, tokens are sold to the public. Tokens are digital data on a blockchain. Whether these tokens will be treated similar as coins by the public following the ICO, depends on future developments. Earlier ICOs were therefore called crowd sales of tokens.