Tax challenges deriving from the metaverse and Web 3.0

Group Participation
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This webinar examines the tax challenges deriving from the Metaverse and Web 3.0. In basic terms, the Metaverse (also defined as the Internet's evolution, or Web 3.0) refers to integrated digital platforms combining virtual and augmented reality. In these virtual environments, users are able to engage in different activities such as connecting with other users, visiting virtual locations, and conducting business or concluding business transactions. The webinar introduces the relevant concepts and the main transactions which may be relevant for tax purposes, and then focuses on issues such as the problem of territoriality, income characterization, and digital PE and double taxation issues.
- Block 1: Introduction of the Metaverse and Web 3.0
- Block 2: Various possible business scenarios
- Block 3: Evolution of tax principles (e.g. territoriality)
- Block 4: Income Characterization within the Metaverse
- Block 5: Tax relevance of conversion from Meta verse to real world
- Block 6: Digital P.E. and double taxation issues
After watching this webinar you will be able to:
- Navigate through the different concepts relating to the Metaverse and Web 3.0
- List the different taxable transaction taking place in the Metaverse
- Identify the tax challenges created by the Metaverse
- Compare possible solutions to these challenges
- Dennis Post, Partner, EY
- Francesco Scandone, Partner, BonelliErede
- Niklas Schmidt, Partner, Wolf Theiss
The webinar is suitable for all tax professionals who wish to understand what the Metaverse is and which tax challenges it creates.
This is an intermediate webinar. Participants in this webinar are expected to be familiar with the key concepts of tax law.
On-demand webinars are intended for individual self-study only. Unlike live webinars, they are not open to interactive participation nor do they offer the assistance of a real-time instructor. Access to on-demand webinars is granted for a period of 12 months.
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