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Spanish Political Group Proposes Stricter Crypto Tax Laws and Risk Warnings

Cryptonite UAE

The Spanish Sumar Parliamentary Group has put forward three amendments to existing crypto tax laws, which, if approved, would significantly increase the tax burden on profits from cryptocurrencies like Bitcoin and Ethereum. Key Tax Amendments Proposed The main proposals involve moving crypto gains, not considered financial instruments, from the current savings base rates (taxed up … Read more

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