Spain to Tax its Bitcoin Miners up to 47% of Profits

? A recent notice and update from the official taxation authority in Spain sees bitcoin mining fall under the purview of an economic activity, opening cryptocurrency mining to taxation. Bitcoin and cryptocurrency miners in Spain will see taxation of their profits, a recent notice issued by the country’s National Directorate of Tax revealed. First reported [?]

The post Spain to Tax its Bitcoin Miners up to 47% of Profits appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

Spain to Tax its Bitcoin Miners up to 47% of Profits

 


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