Spain’s Tax Watch: Citizens Must Report Overseas Crypto Assets by March 31

Spain’s Tax Watch: Citizens Must Report Overseas Crypto Assets by March 31

With growing efforts to regulate the taxation of virtual assets around the world, Spain has introduced new laws requiring residents holding crypto assets on non-Spanish platforms to declare them by March 31, 2024. The Spanish Tax Administration Agency – Agencia Tributaria – unveiled form 721, a dedicated tax declaration form for virtual assets held abroad. […]

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