G20 leaders to address taxation of digital economy.

in #cryptocurrency7 years ago
Leaders from the 20 leading global economies will discuss taxation of the digital economy at their meetings in Hamburg on Friday and Saturday, German Finance Minister Wolfgang Schaeuble told German broadcaster ZDF on Thursday.
He said the issue was unlikely to be resolved at the Hamburg summit but officials would review an interim report at the fall meetings of the International Monetary Fund and discussions would continue in 2018.Schaeuble said G20 countries had made progress on the issue of money laundering and tax evasion, with new regulations sharply reducing the number of countries still on a black list of non-cooperative tax oases.
(Reporting by Gernot Heller; Writing by Andrea Shalal; Editing by Bill Trott)

Source article: http://reut.rs/2tmtu17

Guess thats why prices are sharply declining latelty, theres a lot of uncertainty... 

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Governments should hurry if they want to participate in the jump to digital economies with digital currencies.

Much harder to implement a tax after the tax than introducing it together with the fact.