'Exponential' Rise in Crypto Tax Inquiries in Spain as Monitoring Intensifies
'Exponential' Rise in Crypto Tax Inquiries in Spain as Monitoring Intensifies The accounting giant PwC says it has seen an âexponentialâ increase in recent months in inquiries about tax declarations from crypto holders in Spain â where new crypto regulations have come into force. Spainâs Treasury department has already sent out thousands of warning letters to citizens it suspects of trading in crypto, warning them that if they fail to declare their earnings correctly, they could face fines. And a controversial new law has also come into force, obliging owners of crypto in...
Source: cryptonews.com