CORIT-member Louise has published an article where she explores one of the most debated technologies of recent times – blockchain technology – from an international tax perspective. She analyzes how capital raised through initial coin offerings and the investors’ return on their invested capital should be classified according to the OECD Model (2017). More specifically, emphasis is placed on classification of capital raised through the issuing of utility tokens, debt tokens, and equity tokens as well as the classification of return on investments in such tokens.

Read the article here.