The Ministry of Finance of Spain together with the tax authorities initiated a large-scale test among 15,000 taxpayers who last year was engaged in transactions with cryptocurrencies.
We are talking about “the fiscal impact of these new technologies like the blockchain, and cryptocurrency” in the fight against tax evasion. A thorough check will the Department of investigation of tax crimes.
Officials will find out whether to pay investors income tax in the budget and whether they observe the rules on obstruction of money laundering.
“The use of research departments to collect new information and analysis of technologies in all types of networks will be strengthened”, — is spoken in the message of the financial regulator.
Previously, local authorities decided to oblige citizens to provide information about the presence of scriptaction. The initiator of this action was the Finance Minister maría jesús Montero. She believes that it is necessary to oblige all investors to provide the tax office information about наличbи digital assets not only in Spain but also in foreign jurisdictions. And every year.
“The law stipulates that all people and companies should be forced to provide the tax authorities information about its crypto operations,” — said the Minister.