Digital development, technological innovation and Metaverse: the implications of tax law

Digital development, technological innovation and the metaverse have generated new manifestations of wealth to be subjected to taxation, calling the interpreter to verify the adaptability of their tools to the ever-expanding phenomenal reality. The implications on a legal and economic level are evident, due to the difficulties also of an application nature, accentuated by the attention that the main giants of the digital world have begun to pour into this ever-expanding area. It is easy to predict that many economic activities of a digital nature, in the near future, will find in this context a place of expression and realization, with consequent criticalities in various areas of legal knowledge, including tax law. The hope is that modern, fair and shared tax rules will be introduced to address the challenges posed by modernity, in order to encourage investments and growth with a view to redistributing wealth.