What to do if the Spanish Treasury sends you a notification for using cryptocurrencies?

There are 3 factors that allow anyone to respond effectively to the Spanish Treasury. “Disorder is what complicates your life,” warns tax advisor Jesús Lorente. The increase in tax surveillance in Spain has led to a massive sending of notifications and letters to taxpayers who transacted with bitcoin (BTC) and cryptocurrencies during the 2025 financial … Read more

Brazil regulator goes after bitcoin to raise taxes

The tax changes will take effect sometime in the first quarter of 2025. Although the regulator does not give specific details, it talks about inspections and enforcement actions. In a recent statement, the Receita Federal, Brazil’s main financial regulator, reported that starting in the first quarter of 2025, the tax conditions for profits obtained from … Read more

France wants taxes for bitcoin that justify its fight against “tax injustice”

The French National Assembly must evaluate the project and decide whether to approve it or not. In addition to these profits, land, investments and tangible personal property are taxed. The French Senate approved a series of amendments to the 2025 finance bill, including taxes on unrealized profits from bitcoin (BTC) and other cryptocurrencies. Are modifications … Read more

Argentina advances in the regulation of crypto assets

On November 29, the Customs Collection and Control Agency (ARCA), formerly known as AFIP, incorporated several activities linked to cryptoassets into the “Classifier of Economic Activities” (CLAE). The CLAE is a kind of catalog that organizes, for tax purposes, the various commercial and productive activities in the country, assigning a number or “nomenclator” to each … Read more

What taxes will be paid for investing in bitcoin on the Argentine Stock Exchange?

The Argentine stock market is looking forward to being able to trade bitcoin (BTC) on the traditional stock market: but what is this possibility really about? And what taxes will it involve? Obviously, the bitcoin asset will not be listed or operated on the stock market, either in the United States or in Argentina. What … Read more

Why did cryptocurrency laundering fail in Argentina?

Laundering of crypto assets was very low, while laundering of cash was a success. The failure of crypto laundering occurred mainly due to unclear regulations. The Tax Reform approved in the middle of this year in Argentina included an “Asset Regularization Regime”, popularly known as “money laundering”. Since its entry into force, people and companies … Read more

Italy backs down on high bitcoin taxes

Italian Prime Minister Giorgia Meloni’s government is evaluating the possibility of reducing recently announced taxes on bitcoin (BTC) and cryptocurrency transactions. Sources close to the matter indicate that the government is likely to approve a proposal presented by the League, a minor ally in Meloni’s coalition, to reduce the tax increase. The amendment presented by … Read more

Detroit will accept payments with bitcoin and cryptocurrencies

Authorities in the city of Detroit, in the United States, announced that residents will soon have the option to pay taxes and other fees using bitcoin (BTC) and cryptocurrencies through a platform managed by PayPal. With this measure, Detroit would become the largest city in that country to accept this type of digital payments. This … Read more

President of Italy approves 42% increase in taxes on cryptocurrencies

The law implicitly mentions Bitcoin miners, who must also pay taxes. Now the project will be debated in the Italian Parliament. Italian President Sergio Mattarella signed the budget bill for 2025, which proposes a 42% increase in profits with bitcoin (BTC) and cryptocurrencies. This project will now be debated in the Italian Parliament. The budget … Read more

The elimination of the AFIP keeps Argentina’s tax regime unchanged

The government of Javier Milei announced yesterday, Monday, October 21, the suppression of the Federal Public Revenue Administration (AFIP) and its replacement by the Customs Collection and Control Agency (ARCA). This change, however, does not alter the current tax system in Argentina. Presidential spokesperson Manuel Adorni communicated that the AFIP will cease to exist, giving … Read more