Commissions charged by a DAO that is a dex are subject to VAT tax.
The Blockchain Arbitration Society, through one of its founding law firms (Ferrer-Bonsoms and Sanjurjo, lawyers) requested a report from the Treasury of Navarra (Spain) on the subjection to VAT tax of commissions generated in a decentralized Exchange platform. The doubt arises because cryptocurrencies have been considered a legal means of payment. Therefore the effects of…