Naslov
TAX AND ACCOUNTING CHALLENGES OF VIRTUAL CURRENCY REGULATION

Autori
Petrović, Tajana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Book of Proceedings / Ristić, Vladica i dr. - Zagreb : Međunarodna istraživačka akademija znanosti i umjetnosti - MIANU, Odjel za Republiku Hrvatsku, 2021, 452-460

ISBN
978-953-49672-1-8

Skup
3rd International Scientific Conference: Science, Education, Technology and Innovation (SETI III)

Mjesto i datum
Zagreb, Hrvatska, 17.09.2021

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
virtual currency, tax, accounting, risk, anonymity, cryptocurrencies

Sažetak
The development of the digital economy has influenced the use of the virtual world economy and virtual currencies as an alternative capital market and created the possibility of capital outflows from traditional capital markets to cryptocurrency markets. As virtual currencies gain more and more importance in the world economy and become a common occurrence in modern business, there is a need to adopt a suitable legislative solution. Due to the specificity and diversity that arise from its characteristics, they represent a great challenge for regulation and supervision. Although they are treated differently by the tax authorities of countries worldwide, existing taxation systems can service virtual currency taxation without new legislation. However, it is crucial to adopt comprehensive guidelines as a model for taxing virtual currency transactions within existing rules. On the other hand, doing business with virtual currencies in accounting is still very challenging because of financial reporting due to the recognition and recording of transactions of such currencies within the framework of existing international standards.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Pravo

POVEZANOST RADA