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Cryptoasset staking

Tax Treatment of Rewards Earned through Cryptocurrency Staking

Sun, November 01

Tax treatment of cryptocurrency staking rewardsThe activity in question is acting as a validator of transactions on cryptoasset blockchain networks through the process known as “staking.”This...

Imagen del depósito de criptoactivos

Tax Treatment of Cryptocurrency Staking Rewards in Spain

Sun, November 01

Strictly speaking, “staking” is a consensus mechanism used to validate and create blocks, as an alternative to mining. It is used on some blockchain networks and is known as “proof of stake” or, more...

Bitcoins dentro de una Hucha de cristal

Tax Treatment of Cryptocurrency Airdrops under Spanish Personal Income Tax

Sun, November 01

An airdrop is a promotional strategy used to raise awareness of a project by distributing new cryptoassets to users free of charge. It may sometimes require users to take part in promotional...

Logotipo del Bitcoin

Tax Treatment of Cryptocurrency Sales and Swaps

Sun, November 01

Individuals subject to Spanish Personal Income Tax (IRPF) may buy and sell virtual currencies. When these transactions are not carried out as part of an economic activity, they may give rise to a...

Normas de la evasión fiscal

The FEAC Regime and the Anti-Abuse Clause

Sun, November 01

The FEAC Regime and the Anti-Abuse ClauseThe FEAC regime (mergers, divisions, asset transfers and exchanges of shares) stems from the transposition of Directive 90/434/EEC on the common tax regime...

Casa con piscina y jardín

Resuming the Main Home Deduction after a Period of Ineligibility

Sun, November 01

It may be possible to resume claiming the deduction for a main residence after being unable to claim it for several tax years.In this regard, reference should be made to Central Economic-...

Pareja con dos hijos

Joint Tax Return Option in Cases of Legal Separation or No Marriage with Shared Child Custody

Sun, November 01

To opt for joint taxation in cases of legal separation or where the parents are not married and share custody of their children, the parents must reach mutual agreement before exercising the option....

Rostro de hombre con signos de interrogación

Tax Treatment of Amazon Vine Products under Spanish Personal Income Tax

Sun, November 01

Amazon Vine members may receive free samples of certain products sold on the platform in exchange for reviewing at least 80% of them.What is Amazon Vine?According to Amazon’s own description on its...

Sala de control de la Agencia Tributaria

Requesting a Payment Slip Does Not Interrupt the Limitation Period

Sun, November 01

A taxpayer’s request for a payment slip does not interrupt the limitation period for the Tax Administration’s right to collect tax debts under Article 68(2)(c) of the General Tax Law.When a taxpayer...

Fachada del Tribunal Supremo

The Principle of Full Tax Regularisation

Sun, November 01

The principle of full tax regularisation requires the Tax Administration to correct a taxpayer’s position both in the taxpayer’s favour and in the Administration’s favour.Among the most recent...