The GDF Tax working group convenes the tax experts across the GDF membership to:
- Endeavour to reduce uncertainty in the wider crypto community around CARF, particularly the obligations on cryptoasset owners.
- Publish information for the crypto community on CARF, including a self-certificate and how crypto users/businesses can respond to reduce the potential of scammers to use this as an opportunity to conduct phishing attacks or hacks.
- Work with policymakers and regulators to respond to tax consultations and also raise key industry questions and challenges around the tax implications of regulatory change.
- Advocacy work on other key tax and information reporting issues which may arise as regulations continue to evolve (e.g., VAT).
The group aims to act as a trusted resource for the industry, and by aligning views, we will be able to combine our efforts to maximum effect to respond to the practicalities and challenges of CARF as well as other tax challenges which continue to arise as global frameworks for crypto and digital assets evolve. Recent Tax WG Educational sessions include the 2.0 Survival Skills Webinar