CriptoNoticias Launches CriptoForo Spanish Crypto Forum
CriptoNoticias, the Spanish cryptocurrency news website has announced the launch of CriptoForo forum for the Spanish-speaking population. The Spanish speaking cryptocurrency community, concentrated in the Latin America and Mexican regions now have a new forum where they can interact with each other in their native language. CriptoForo, the brand new cryptocurrency forum is the pet project of one of the leading Spanish digital currency news portal, CriptoNoticias. CriptoNoticias recently announced the launch of CriptoForo as a part of its initiative to provide a platform where all Bitcoin,....
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A recent notice from the official taxation authority in Spain sees bitcoin mining fall under the purview of an economic activity, opening cryptocurrency mining to taxation. Bitcoin and cryptocurrency miners in Spain will see taxation of their profits, a recent notice issued by the country’s National Directorate of Tax revealed. First reported Spanish industry publication CriptoNoticias, the new directive would require all cryptocurrency miners to register themselves with Spanish authorities before submitting taxes on mining-earned profits. Citing reasons for the new tax measures, the....
The Spanish government plans to tax Bitcoin mining profits up to 47 percent, following official hints that mining will become a taxable activity. Spain 47% Mining Tax ‘Hard To Implement’. At the end of August, the Spanish Ministry of Finance and Public Administrations said Bitcoin trading and use as a payment method is segregated as tax-free activities.....
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities. A limit on how much money citizens can pay in cash for services has also been also established. Antifraud Law Toughens Crypto Oversight Spain finally approved its long-discussed antifraud law that establishes a series of controls on cryptocurrency and cash. The recently passed law includes two....
The Spanish treasury ministry has announced it will postpone the establishment of the complete framework for declaring taxes related to cryptocurrency assets until 2023. While the Spanish government has advanced when it comes to cryptocurrency regulation, the specifics of what will be taxed and in which way are still a mystery for traders and holders. The organization is still looking for information to control these tax statements effectively.
Spanish Treasury Ministry Will Begin Formulating Crypto Tax Requirements Next Year
The Spanish Treasury has announced it will hold off....
Only 5.3% of Spanish crypto investors have received a warning to declare income taxes, according to a report in local media. If accurate, this would mean that only 233,000 investors, a minuscule portion of the estimated 4.4 million Spanish citizens that have delved into the crypto world with investment ideas in mind, were contacted by the tax agency.
Spanish Tax Agency Falls Flat on Crypto Vigilance
Only a small portion of cryptocurrency investors and users in Spain have been contacted by the national tax agency in regards to their crypto operations from last year. The....