{"product_id":"taxation-of-derivatives-and-cryptoassets-9789403523835","title":"Taxation of Derivatives and Cryptoassets","description":"\u003cp\u003eDerivatives stand at the forefront of financial innovation, continually evolving to accommodate new asset classes and risk categories. In the past decade, the growing popularity of cryptoassets and ESG investments has sparked the development of a variety of innovative investment strategies and risk management tools, including crypto and ESG derivatives and related structured products.\u003c\/p\u003e \u003cp\u003eThis new edition has similarly evolved. Using illustrative examples, it provides a comprehensive analysis of the key tax issues associated with derivatives and cryptoassets in domestic and cross-border transactions and presents approaches that tax legislators could adopt to solve them. The new edition also comments on recent trends in global tax policy, such as the OECD Base Erosion and Profit Shifting (BEPS) 1.0 and 2.0 projects. Throughout the book, specific references are made to UK, German, and Swiss tax law.\u003c\/p\u003e \u003cp\u003eThe updated edition addresses the following topics: \u003c\/p\u003e \u003cul\u003e \u003cli\u003e\n\u003cp\u003eeconomic and financial properties of derivatives and cryptoassets;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003edefinition of derivatives for tax purposes and its application to crypto derivatives and ESG derivatives, among others;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003eaccounting treatment of derivatives and cryptoassets under IFRS, UK, German and US GAAP;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003ecurrent tax legislation and policy alternatives to the taxation of derivatives and cryptoassets;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003echaracterisation of derivatives gains and losses as income or capital, and equity or debt;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003eaccounting and taxation treatment of hedging transactions involving derivatives or cryptoassets;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003eaccounting and taxation rules applying to structured products and hybrid instruments, including crypto and ESG-linked structured products;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003ewithholding taxes on derivatives and the concept of beneficial ownership in domestic and cross-border transactions; and\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003eanti-avoidance legislation applying to derivatives and cryptoassets, including the domestic law implementation of BEPS Action 2, the EU Anti-Tax Avoidance Directives (ATAD I and II), the tax transparency rules for cryptoassets (DAC8) and Pillar Two.\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis comprehensive book analyses recent developments in three intertwined areas of expertise: financial products, accounting and tax law. It will be a valuable resource to tax professionals in their daily practice of advising companies, banks and investment funds. It will also be of interest to government officials and researchers engaged in the taxation of derivatives, cryptoassets, and ESG investment products.\u003c\/p\u003e \u003cp\u003e\u003c\/p\u003e\u003cbr\u003e","brand":"Kluwer Law International","offers":[{"title":"Default Title","offer_id":50928539959570,"sku":"9789403523835","price":193.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_50ee9414-4a63-4047-8dc0-fe9608d4c784.jpg?v=1739002684","url":"https:\/\/surprise-castle.myshopify.com\/products\/taxation-of-derivatives-and-cryptoassets-9789403523835","provider":"Surprise Castle","version":"1.0","type":"link"}