Spain mandates disclosure of foreign-held crypto assets over €50,000 for tax purposes
CAT
1 min read
Spanish citizens must disclose crypto holdings exceeding 50,000 euros (about $55,000) held on foreign platforms for tax purposes starting January next year, according to an update from Spain’s Tax Administration Agency, Agencia Tributaria. The tax agency introduced Form 721, a declaration form specifically designed for virtual assets held abroad. The form would require legal residents […]
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Spain mandates disclosure of foreign-held crypto assets over €50,000 for tax purposes
