Share this article
BTC
$95,077.80
+
1.46%ETH
$1,808.46
+
2.29%USDT
$1.0005
+
0.01%XRP
$2.2038
+
0.33%BNB
$605.04
+
0.48%SOL
$152.52
-
0.12%USDC
$0.9999
-
0.01%DOGE
$0.1915
+
4.89%ADA
$0.7258
+
1.28%TRX
$0.2433
-
0.11%SUI
$3.5747
+
6.39%LINK
$15.21
+
1.87%AVAX
$22.90
+
2.87%XLM
$0.2898
+
3.41%SHIB
$0.0₄1521
+
8.73%LEO
$9.0427
-
1.99%HBAR
$0.1956
+
4.47%TON
$3.2588
+
1.76%BCH
$375.75
+
5.75%LTC
$87.89
+
4.55%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains
The planned bill comes as part of broader legislation aimed at cracking down on tax fraud, a government spokesperson said.
Spain's cryptocurrency users may soon have to disclose their holdings to the country's tax agency.
STORY CONTINUES BELOW
- According to government spokeswoman Maria Jesus Montero on Tuesday, the Spanish government is drafting legislation that would force cryptocurrency holders to disclose their holdings and any profits if passed.
- The planned bill comes as part of broader legislation aimed at cracking down on tax fraud, Montero said, according to a Reuters report.
Also read: OECD Preparing Crypto Tax Reporting Framework for World’s Largest Economies
Omkar Godbole
Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member. Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.
