Scarcella, Luisa
The implications of adopting a European Central Bank digital currency a tax policy perspective / Luisa Scarcella .-- , 2021
Disponible también en formato electrónico.
Resumen.
In the wake of growing interest around cryptocurrencies, the possible issuance by central banks of their own digital currency has been a topic of debate worldwide. The author of this article gives attention to the relevancy of electronic and digital payments (including a possible digital euro) in the area of taxation. In the first part she focuses on the possible benefits and risks posed by Central Bank Digital Currency (CBDCs) by considering their different design and technical features. In this part, the possible attribution of the legal tender status to a European CBDC is also addressed. The second part analyses the relevancy of the possible adoption of a CBDC in the tax policy arena. Finally, the third part highlights tax policies requiring cashless payments that might involve a CBDC. This part covers concerns related to data protection and digital divide.
BANCO CENTRAL EUROPEO
CRIPTOMONEDA
POLITICA FISCAL
UNION EUROPEA
EC Tax Review 0928-2750 [print]v. 30, Issue 4, August 2021, p. 177-188
The implications of adopting a European Central Bank digital currency a tax policy perspective / Luisa Scarcella .-- , 2021
Disponible también en formato electrónico.
Resumen.
In the wake of growing interest around cryptocurrencies, the possible issuance by central banks of their own digital currency has been a topic of debate worldwide. The author of this article gives attention to the relevancy of electronic and digital payments (including a possible digital euro) in the area of taxation. In the first part she focuses on the possible benefits and risks posed by Central Bank Digital Currency (CBDCs) by considering their different design and technical features. In this part, the possible attribution of the legal tender status to a European CBDC is also addressed. The second part analyses the relevancy of the possible adoption of a CBDC in the tax policy arena. Finally, the third part highlights tax policies requiring cashless payments that might involve a CBDC. This part covers concerns related to data protection and digital divide.
BANCO CENTRAL EUROPEO
CRIPTOMONEDA
POLITICA FISCAL
UNION EUROPEA
EC Tax Review 0928-2750 [print]v. 30, Issue 4, August 2021, p. 177-188