Post
Topic
Board Legal
Re: What are ICO's dealing with legal and tax?
by
avikz
on 12/11/2018, 19:45:10 UTC
Don't know much about it .
If the country is legalized ICOs then there might be some taxes imposed on it due to the "regulations" by the governments . 
Countries like Singapore and Japan imposes taxes on the ICOs . So it is obvious that if the Ico belongs to those countries are dealing with taxes .
Other then that if the country's status is unknown about the legality of ICOs , then there are no taxes imposed on it . There might be no permissions prior to them as well.

That was not the question that op asked!!

Bos, viu, eql...

None of these ICOs or tokens are solving tax and legal issues. At least none that I know.

Bos - financial services blockchain
Viu - video sharing platform
Eql - ecommerce payment solution

Legal and tax related matters are so complicated, it is hard to standardized through any technology. It is because the interpretation of a tax or legal term can be different based on the situations. I don't think any start up has tried or even interested to solve this kind of issues yet.