Spain’s junior ruling party proposes 47% crypto tax in ‘attack against Bitcoin’

Spain’s Sumar Party proposes raising crypto tax, classifying crypto as attachable assets

Spain’s Sumar parliamentary group proposed a series of crypto tax amendments targeting personal and corporate taxation, asset classification, and investor warnings.

Spain Pushes 47% Crypto Tax in What Critics Call an ‘Attack on Bitcoin’

Spain’s political debate over digital assets heated up this week as the Sumar party proposed a major change to the country’s crypto tax rules. Specifically, the party proposes raising capital gains taxes on Bitcoin and other digital assets to 47%.Visit Website

Spain’s Sumar Party Proposes 47% Tax on Crypto

The Spanish junior ruling party, Sumar, has proposed a new set of changes to the country’s crypto tax rules The post Spain’s Sumar Party Proposes 47% Tax on Crypto appeared first on TheCoinrise.com.

Spain’s Sumar Party Proposes Crypto Tax Hike Up to 47% in New Revenue Push News ETHNews

Spain’s Sumar party has introduced a sweeping package of tax amendments targeting the cryptocurrency sector, outlining measures that could dramatically reshape how digital assets are taxed and regulated in the country. The proposal, currently under parliamentary consideration, seeks to increase government revenue from crypto activities while tightening oversight across multiple parts of the financial system. A Sharp Increase in Capital Gains Tax…

Experts Warn Spain’s Crypto Tax Plan Could Drive Investors Abroad » News.ng

Spain is considering a major overhaul of its cryptocurrency tax structure, with the Sumar Parliamentary Group proposing amendments that would sharply increase taxes on digital-asset gains and tighten oversight of crypto service providers. The reform package, currently before the Congress of Deputies, seeks to modify three key tax laws and impose stricter rules on how crypto profits are calculated, declared, and monitored. If lawmakers give their…

Crypto Investors In Spain Face 47% Tax Bill Under New Plans

Spain's Sumar party has proposed raising crypto tax rates to 47%. Economists warn the move could trigger a massive investor exodus.