#54: Oliver Mavher and Michael Deichsel - Crypto Trading and Taxes - The Past, The Present, and The Future episode artwork

EPISODE · Nov 17, 2021 · 1H 18M

#54: Oliver Mavher and Michael Deichsel - Crypto Trading and Taxes - The Past, The Present, and The Future

from Beginner's Mind · host Christian Soschner

In this conversation, I will talk with Oliver Mavher and Michael Deichsel about Crypto Trading and taxes.Topics we discuss in the show:The questions that I consider relevant for everybody owning digital assets:What if someone gets paid in Bitcoin or other Cryptocurrencies? Is that a taxable event?What if someone invests in those novel digital assets and they gain in value?Does the location of the wallet or crypto exchange make any difference for taxation? Which tax law is applicable?What about European ETFs and their offshore counterparts that replicate the price of digital assets?What about investments in companies that invest in digital assets?Are there differences between retail investors, investment funds, and other institutional investors?And many more questions similar to the aboveWho are the Tax Experts in this Episode?I am delighted to welcomeOliver Mavher, KPMG andMichael Deichsel, KPMGto find answers to a multiverse of questions around crypto investments and taxes.Shownotes:LinkVideoLinkTimestamps:(00:00) Opening What are the Real Life Tax Consequences of Trading with Cryptocurrencies?(02:47) Opening Oliver Mavher – Support for Digital Companies in Tax Matters(08:45) What are Security Token Offerings?(11:00) Opening Michael Deichsel – Crypto and Taxes(16:10) What is the Tokenization of the Economy?(18:15) Smart Contracts(24:15) What are Digital Assets in Terms of Tax Laws?(27:00) Bitcoin as Legal Tender in El Salvador?(29:07) Banking the Unbanked.(30:55) Cryptocurrencies and the Environment(34:13) What are crypto assets?(37:00) What are NFTs?(39:00) NFT and Taxations in Austria(45:30) Changes in Tax Laws in Austria(49:05) Taxable Events when BTC is used for salaries(54:15) Using Cryptocurrencies for everyday purchases – what are the taxable events?(56:45) Taxable events when trading cryptocurrencies outside Austria – A case for double taxation treaties?(01:00:00) Different Cases for Taxation and their Consequences(01:03:00) Taxation for Companies when holding Digital Assets(01:07:00) Expected changes to the tax laws(01:09:00) The difference in Taxation between Crypto Currencies and Digital Assets(01:13:00) Where to get advice for Crypto Taxation?Podcast Links:Podcast Website: https://www.lifescienceget2gether.com/Community Partner: https://linktr.ee/lsg2gChristian Soschner: https://linktr.ee/soschnerLSG2G Twitter: https://twitter.com/LGet2getherLSG2G Linkedin: https://www.linkedin.com/company/life-science-get2getherPodcast Episodes: https://pod.link/1493847125Episodes on YouTube:  https://www.youtube.com/playlist?list=PLlZfrwd6iXrQ3LIANISUpP22seS2CsCEVSend us Fan Mail Join Christian Soschner for expert coaching. 50% Off - With 35+ years in deep tech, startups/scaleups, and public companies, Christian offers power video sessions. Elevate strategy, execution, and leadership. Book Now.Support the showJoin the Podcast Newsletter: Link

In this conversation, I will talk with Oliver Mavher and Michael Deichsel about Crypto Trading and taxes. Topics we discuss in the show: The questions that I consider relevant for everybody owning digital assets: What if someone gets paid in Bitcoin or other Cryptocurrencies? Is that a taxable event?What if someone invests in those novel digital assets and they gain in value?Does the location of the wallet or crypto exchange make any difference for taxation? Which tax law is applicable?What...

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#54: Oliver Mavher and Michael Deichsel - Crypto Trading and Taxes - The Past, The Present, and The Future

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This episode was published on November 17, 2021.

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In this conversation, I will talk with Oliver Mavher and Michael Deichsel about Crypto Trading and taxes.Topics we discuss in the show:The questions that I consider relevant for everybody owning digital assets:What if someone gets paid in Bitcoin or...

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