What Will It Look Like When Taxation and Privacy Collide?

What Will It Look Like When Taxation and Privacy Collide?


“Zero-knowledge taxes” describes a situation in which taxes can be filed and verified with zero-knowledge proofs. This could operate through a trusted, third party application that analyzes a user’s wallets and calculates taxable events, resulting in a net summary of the individual’s taxes for the year. That summary tax payment, along with the proof itself, is submitted to the regulating entity, which can verify through the proof that the tax summary is accurate without needing to see every transaction leading up to the summary.

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