Behind a Swiss Blockchain Foundation Is a “Business Operator”
Abstract
In this article, the authors examine the Swiss Federal Tax Authorities’ recent position that blockchain foundations, despite their non-profit legal status, qualify as business operators for VAT purposes due to their entrepreneurial activities. The authors analyse the implications of this interpretation under Swiss VAT law and argue that similar conclusions are likely to be applicable within the EU VAT framework as well, thereby further corroborating their view that the activities of Swiss blockchain foundations are entrepreneurial in nature.
Fields of Study & Subjects
Taxation and Legal Issues
Digital Transformation in Law
EU Law and Policy Analysis
Publication details
- Journal / source
- International VAT Monitor
- Volume
- 37
- Issue
- 1
- Publication date
- 27 January 2026
- Language
- EN