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CoinGape 2023-11-28 13:26:15

Spanish Tax Authority Mandates Declaration Of Overseas Crypto Holdings

In a recent move, the Spanish Tax Administration Agency, Agencia Tributaria, has introduced a significant regulatory shift, mandating Spanish residents to declare crypto-assets held on non-Spanish platforms. Meanwhile, the newly issued tax form, known as Form 721, requires individuals with balances exceeding $55,000 in crypto assets to disclose their overseas holdings. Notably, this initiative, effective The post Spanish Tax Authority Mandates Declaration Of Overseas Crypto Holdings appeared first on CoinGape .

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