Real estate transfer tax

Digitizing investments in real estate - that is the aim of the so-called tokenization of real estate property. Through tokenization, asset or income rights to real estate can be digitally mapped using blockchain technology, broken down into the smallest units and made tradable. This opens up a new dimension of liquidity - with potential for small investors worldwide in particular. What is increasingly becoming technically possible is also becoming more and more of a legal focus. If tokenization becomes established on the market, a key tax-related follow-up question arises: How should the acquisition of such digitally securitized rights be treated for real estate transfer tax purposes? These questions are addressed in the newly published handbook “Crypto and Tax” - the first comprehensive compendium on the tax implications of crypto tokens.