Auto Added by WPeMatico

Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports

The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of cryptocurrency holdings in the country. The new rules include the obligation of taxpayers to…

Continue ReadingSpanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports

Spanish Treasury Admits That Cryptocurrency Holdings Don’t Need to Be Declared Under Model 720

Spain’s Ministry of Treasury has admitted that Spanish citizens are not forced by law to declare their cryptocurrency holdings under the disputed Model 720, which involves declaring funds held abroad.…

Continue ReadingSpanish Treasury Admits That Cryptocurrency Holdings Don’t Need to Be Declared Under Model 720

Spain Modifies Tax Model 720, Used to Declare Cryptocurrency Holdings Abroad

The Spanish parliament has introduced an amendment to the tax model 720 used to declare cryptocurrency and other holdings abroad, softening some of the penalties associated with it. The modification,…

Continue ReadingSpain Modifies Tax Model 720, Used to Declare Cryptocurrency Holdings Abroad