Category: Spain

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Should Spanish Bitcoin Owners Disclose Their Holdings to the Treasury?

TheMerkle Spain Bitcoin TaxationCryptocurrency taxation is always a complex and controversial topic. This is especially true in Europe, as there are no unified guidelines to speak of. In Spain, the question as to whether or not Bitcoin needs to be taxed is a hot topic right now. For now, it seems there is no reason to report any Bitcoin-related gains, losses, or holdings, although the country’s Treasury feels differently about that. Spain’s Treasury Probes Bitcoin Exchanges As is the case with all other European countries, Spain has no official regulation in terms of Bitcoin taxation as of right now. With the ECB not looking

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0 to 50% – Time to Pay Crypto Taxes in the European “Union”

0 to 50% – Time to Pay Crypto Taxes in the European “Union”With the increasing popularity of bitcoin and the like, this year’s tax campaign in Europe comes with many questions on how to report and pay crypto taxes. Despite the obvious hesitation on the part of many governments to comprehensively regulate/legalize the sector, cryptocurrency incomes and profits “enjoy” special attention. Different decisions on the matter pose […]

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G20 Argentina Ends With No New Cryptocurrency Regulation

G20 Argentina Ends With No New Cryptocurrency RegulationNations forming the Group of 20 (G20) summit in Argentina this week issued Comunicado oficial de la primera reunión de ministros de Hacienda y presidentes de Bancos Centrales del G20, or first communication from the world’s central bankers concerning their work. The two page document is crammed with statements, and on the final page bankers […]

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Spain Mulls Tax Breaks for Blockchain and Crypto Firms

Spain Mulls Tax Breaks for Blockchain and Crypto FirmsProposals to introduce tax exemptions for companies using blockchain technologies and cryptocurrency have been put on the table in Spain. The ruling People’s Party is preparing new legislation that will also offer incentives to entrepreneurs raising funds through ICOs. If lawmakers adopt the amendments, investors will not be required to report crypto assets under certain […]

The post Spain Mulls Tax Breaks for Blockchain and Crypto Firms appeared first on Bitcoin News.

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