Understanding the metaverse: tax, strategy and other considerations

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Understanding the metaverse: tax, strategy and other considerations

Sponsored by

sponsored-firms-kpmg.png
virtual-6818393.jpg

In a two-part video series moderated by Grant Wardell-Johnson of KPMG International, KPMG leaders introduce the metaverse and consider its future and opportunities, before exploring the tax and strategy considerations unique to the sector.

The metaverse is quickly becoming a top-of-mind business issue for global organisations.

In this two-part video series, leaders from KPMG member firms discuss what the metaverse is and some of the important tax-related considerations.

The discussions are moderated by Grant Wardell-Johnson, global tax policy leader, KPMG International, and features insights and perspectives from Jana Valkovicova, head of Luxury Sector, KPMG in Switzerland; Hugues Salomé, partner, Tax and Legal, KPMG in Switzerland; Elfie Ossard-Quintaine, partner, co-head of Global Transfer Pricing Services, KPMG Avocats; and Eric Janowak, managing director and deputy global lead, Sovereign Wealth and Pension Funds Tax, KPMG Lower Gulf.

An introduction to the metaverse

In part one, the KPMG leaders provide a detailed introduction to the metaverse and share some future potentials for this new, digital world. Hear about the different perspectives around the metaverse, the stakeholders involved, the opportunities for wealth, and the industries currently investing in the metaverse.

The metaverse: tax and strategy

In part two, the KPMG leaders explore potential futures in the metaverse from a tax and strategy perspective. Revenue sourcing, potential and existing frameworks, cryptocurrency and tax liabilities are introduced to help to explain the specific and unique tax considerations brought forward by the metaverse.

Click here to view the videos on KPMG’s website.

Click here to access more KPMG Future of Tax content.

more across site & bottom lb ros

More from across our site

ITR’s most interesting stories of the year covered ‘landmark’ legal battles, pillar two, AI’s relationship with transfer pricing and more
Chinwe Odimba-Chapman was announced as Michael Bates’ successor; in other news, a report has found a high level of BEPS compliance among OECD jurisdictions
The tool, which will automatically compute amount B returns, requires “only minimal data inputs”, according to the OECD
The rules are intended to implement the substance of an earlier OECD report in its entirety
While new technology won’t replace the human touch, it could help relieve companies’ staffing issues, EY’s David Helmer and Daren Campbell tell ITR
The firm said the financial growth came from increased demand for its AI services and global tax reform advice
Chrystia Freeland had also been the figurehead of Canada’s controversial digital services tax adoption, which stoked economic tensions with the US
Panama has no official position on pillar two so far and a move to implement in Costa Rica will face rejection, experts tell ITR
The KPMG partner tells ITR about Sri Lanka’s complex and evolving tax landscape, setting legal precedents through client work, and his vision for the future of tax
Overall turnover at the firm also reached a record £8 billion; in other news, Ashurst and Dentons announced senior tax partner hires
Gift this article