Spain Clarifies Tax Situation for Bitcoin Losses The Spanish tax authorities have clarified how the country’s existing tax laws should be applied to losses incurred by the collapse of a bitcoin exchange, the result of a scam or a situation of insolvency.
Spain’s Dirección General de Tributos (DGT) received a question from a bitcoin enthusiast who claimed to have lost a large part of their savings after investing in bitcoin.
According to the question , […]