Diffstat (limited to 'doc/paper/taler.tex')
1 files changed, 1 insertions, 1 deletions
diff --git a/doc/paper/taler.tex b/doc/paper/taler.tex
index 45eeacdf..b462a4d6 100644
@@ -487,7 +487,7 @@ and another time for refunding the remaining amount without losing anonymity.
Unfortunately this approach cannot be used for a general-purpose payment
system, since the refund operation of Rupp et al. allows transferring money
in a way that hides income from taxation. Refunding a coin into a wallet that
-didn't withdraw the coin is possible in their system, but consitutes a
+didn't withdraw the coin is possible in their system, but constitutes a
transaction between two parties that is not recognized by the system for the
purpose of income taxation.