Dividend cleaning company and Non-fungible token: Difference between pages

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'' UK Tax. ''  
''Crypto-assets.''
 
(NFT).
 
A non-fungible token is a digital token - stored on a blockchain - that certifies a digital asset to be unique.
 
The best-known, and most expensive, NFTs have related to works of art.
 
 
The difference between an NFT and a cryptocurrency is that units of the cryptocurrency are fungible (interchangeable) and each of equal value.
 
NFTs are - by definition - unique and not interchangeable.
 
Accordingly, each NFT can have a different value.


A UK company which is used solely to hold overseas investments and to manage the flow of dividends with their associated foreign tax credits from overseas.  The structure is used to avoid wasting double tax relief.


== See also ==
== See also ==
* [[Dividends]]
* [[Bitcoin]]
* [[Double taxation relief]]
* [[Blockchain]]
* [[Central bank digital currency]]
* [[Crypto-assets]]
* [[Cryptocurrency]]
* [[Cryptography]]
* [[Currency]]
* [[Digital asset]]
* [[Digital currency]]
* [[Distributed ledger]]
* [[Fungible]]
* [[Intangible assets]]
* [[Money]]
* [[Tangible asset]]
* [[Token]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Investment]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Latest revision as of 14:45, 16 December 2021

Crypto-assets.

(NFT).

A non-fungible token is a digital token - stored on a blockchain - that certifies a digital asset to be unique.

The best-known, and most expensive, NFTs have related to works of art.


The difference between an NFT and a cryptocurrency is that units of the cryptocurrency are fungible (interchangeable) and each of equal value.

NFTs are - by definition - unique and not interchangeable.

Accordingly, each NFT can have a different value.


See also