Spain’s 47% Crypto Tax Sparks Outrage, Critics Predict Full Regulatory Chaos

Spain’s Sumar parliamentary group has submitted a proposal that would change how gains from cryptocurrencies are taxed, potentially pushing the top personal rate to 47%. Related Reading: Stablecoin...

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Spain’s 47% Crypto Tax Sparks Outrage, Critics Predict Full Regulatory Chaos

Source: Bitcoinist.com

Spain’s Sumar parliamentary group has submitted a proposal that would change how gains from cryptocurrencies are taxed, potentially pushing the top personal rate to 47%. Related Reading: Stablecoins Push Forward With US Bank Testing Payments On Stellar According to reports, the draft would move profits from crypto out of the current “savings” tax bracket — […]

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