Institute of Laser for Postgraduate Studies / University of Baghdad
Abstract
The proliferation of cryptocurrencies has presented new challenges to tax systems, necessitating tax regulations for this type of transaction. This is particularly relevant given that cryptocurrencies are cross-border currencies, and countries differ in their legal classifications, ranging from prohibiting their use to permitting it. Some countries have not explicitly defined their legal position, merely issuing warnings against their use without specifying penalties for illegal transactions. Furthermore, cryptocurrencies can be used for criminal purposes, such as money laundering, a common crime. The financial perspective on cryptocurrencies also varies among countries that permit their use. The technological advancements and globalization of the 21st century necessitate the development of new revenue streams for the state treasury, as traditional tax sources may become obsolete in the face of these developments.
Abdullah,M Mahdi and Hussein,E Ibrahim. (2025). The Tax Regulation of Digital Currencies: A Financial and Criminal Perspective. AL-Qadisiya Journal For Law and Political Sciences, 16(Issue: 2 part 2), 431-442. doi: 10.63677/jqlap.2025.191099
MLA
Abdullah,M Mahdi, and Hussein,E Ibrahim. "The Tax Regulation of Digital Currencies: A Financial and Criminal Perspective", AL-Qadisiya Journal For Law and Political Sciences, 16, Issue: 2 part 2, 2025, 431-442. doi: 10.63677/jqlap.2025.191099
HARVARD
Abdullah M Mahdi, Hussein E Ibrahim. (2025). 'The Tax Regulation of Digital Currencies: A Financial and Criminal Perspective', AL-Qadisiya Journal For Law and Political Sciences, 16(Issue: 2 part 2), pp. 431-442. doi: 10.63677/jqlap.2025.191099
CHICAGO
M Mahdi Abdullah and E Ibrahim Hussein, "The Tax Regulation of Digital Currencies: A Financial and Criminal Perspective," AL-Qadisiya Journal For Law and Political Sciences, 16 Issue: 2 part 2 (2025): 431-442, doi: 10.63677/jqlap.2025.191099
VANCOUVER
Abdullah M Mahdi, Hussein E Ibrahim. The Tax Regulation of Digital Currencies: A Financial and Criminal Perspective. AL-Qadisiya Journal For Law and Political Sciences. 2025;16(Issue: 2 part 2):431-442. doi: 10.63677/jqlap.2025.191099
