Cryptoassets (which might also be referred to as 'tokens' or 'cryptocurrency') are cryptographically secured digital representations of value or contractual rights1.
This article discusses the location (situs) of cryptoassets for inheritance tax (IHT) purposes. For a summary of the UK tax treatment of various cryptoasset transactions, see C6.105.
For the situs of cryptoassets for capital gains tax (CGT) and income tax, see C6.121 and C6.123 respectively.
For the definition of cryptoassets and cryptoasset transactions, see C6.103–C6.104.
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