The Spanish government will inspect 15,000 crypto users to prevent tax fraud

Hacienda, Spain’s tax agency, will inspect 15,000 taxpayers who have made transactions with cryptocurrencies in 2017 as part of its annual tax control plan. The National Fraud Investigation Office of the agency investigated dozens of companies, banks, and intermediaries operating in Spain to select a group of 15,000 individuals for further inspection. According to the Spanish government, it will monitor these taxpayers to check if they’ve declared possible capital gains from selling cryptocurrencies and investigate whether they’ve used cryptocurrencies to launder money. (Source: Cointelegraph)

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The Spanish government will inspect 15,000 crypto users to prevent tax fraud written by Steven Zheng @ https://www.theblockcrypto.com/tiny/the-spanish-government-will-inspect-15000-crypto-users-to-prevent-tax-fraud/ November 20, 2018 Steven Zheng

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