09-11-2021 09:00
Public Hearing on the impact of new technologies on taxation: crypto and blockchain

Altiero Spinelli (5G-3)
Public hearing on "The impact of new technologies on taxation: crypto and blockchain" - 9 November 2021
"The impact of new technologies on taxation: crypto and blockchain" © Image used under the license from Adobe Stock

On 9 November 2021, from 9:00 to 10:30, the FISC Subcommittee will hold a public hearing on “The impact of new technologies on taxation: crypto and blockchain” to discuss with experts and institutional representatives on fiscal challenges regarding crypto-assets, the impact of technologies - such as blockchain - on taxation and the use of technologies as an instrument to support tax fraud and evasion.

Crypto-assets, and virtual currencies in particular, have developed rapidly over the past years, creating new opportunities but also new risks of tax avoidance and fraud. The hearing will look at whether it is necessary to strengthen the legal and regulatory frameworks to address these issues and raise some key questions concerning the definition of 'crypto-assets', the magnitude of crypto assets, the possibility to tax crypto-assets and the contribution of technology such as blockchain to fighting tax evasion and tax fraud and others.

The following experts have been invited to contribute:

  • Ms. Michelle Harding, Senior economist and Head of the Tax Data and Statistical Analysis Unit at the OECD's Centre for Tax Policy and Administration;
  • Dr. Andreas Thiemann, Researcher in the Fiscal Policy Analysis team - Joint Research Centre of the Commission (JRC);
  • Mr. Alberto García Valera, Partner EY Law;
  • Dr. Robert Müller, Researcher at the tax consultancy and auditing firm Flick Gocke Schaumburg.