Cryptocurrencies Taxation

The cryptocurrencies reach a high level of recognition in recent years for their innovation, their function and the potential gains they offer. The success of cryptocurrencies and in particular the Bitcoin, has generated questions from individuals and from the states concerning the computation of their value and their tax treatment. Several states, including Switzerland, have recently begun to recognize the tax value of cryptocurrencies. Therefore, there are able to tax their value and hence avoid a loss of tax income.