VAT news tagged as "Blockchain"

Europe

EU blockchain to solve VAT fraud?

April 11th, 2018

This blog first appeared in International Tax Review Should we ignore the bitcoin speculative bubble and hacking scare stories as the fireflies before the technological storm? Could blockchain solve the EU’s €50billion VAT fraud menace, and revolutionise tax reporting? Or is blockchain’s hype overblown and optimism misplaced? Are the considerable concerns about its electricity-guzzling dependency and …