Rapid evolution of digital technologies in the last two decades gave rise to new types of assets based on distributed ledger technology. Commonly referred to as cryptoassets, they include varieties of digital currencies, utility tokens, security tokens, and non-fungible tokens (NFTs). The use of cryptoassets in various transactions by individuals and corporations is growing fast. This has also led to the emergence of a parallel financial system, known as decentralised finance (DeFi), and new financial instruments that have no analogues in the traditional financial systems. A number of central banks are now considering the possibility of the issuance of a central bank digital currency (CDBC) backed by a public authority. Cryptoassets and associated transactions do not always neatly fit into existing national and international tax law. This has created challenges for tax administrations all over the world in terms of monitoring and ensuring tax compliance in relation to cryptoassets. The recent HMRC call for evidence on the taxation of cryptoassets illustrates the importance of these issues to tax administrations.

We are pleased to invite experts in taxation and tax administration to submit papers to a special issue of JOTA on cryptoassets. We are interested in papers that offer insights into the challenges facing tax authorities and practitioners in the fast-changing landscape of cryptoassets and related transactions. We are also interested in papers that explore the emerging patterns or guidelines for their tax treatment and associated issues in tax compliance. Papers and commentaries describing and analysing the experiences of tax administrations in particular jurisdictions or across jurisdictions will be also considered.

When preparing your paper for submission, please follow our guidelines for authors (available on our website). Please submit your paper by e-mail to jota@exeter.ac.uk with “Special Issue: TOCA” in the subject line. The deadline for submission is 31^st of August, 2022.