TIPO Announces Amendments to the Guidelines and Illustrative Examples for Counting Goods and Specific Retail Services
To keep pace with emerging commercial trends—particularly the rise of digital goods verified by non-fungible tokens (NFTs) and virtual products in the metaverse—TIPO has amended the Guidelines and Illustrative Examples for Counting Goods and Specific Retail Services to clarify how virtual goods and related retail and wholesale services should be counted.
The updated guidelines now classify multifunctional software as a single item, preventing double counting and streamlining the examination process. For goods verified by NFTs versus those without NFT verification, counting must be conducted separately due to differences in their nature and transaction structure, ensuring fairness and consistency.
The amendments also clarify how the terms “retail,” “wholesale,” and “retail and wholesale” should be interpreted, establishing uniform counting standards across applications. The public is encouraged to refer to and apply the updated guidelines.
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- Publish Date:114-12-31
- Update: 114-12-31
- Organization:International & Legal Affairs Office
- Views:56
