30 Sep '16, 5pm

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

While the new tax rule sees the light of day in theory, there is the task of Spanish authorities plan on enforcing it to permissionless cryptocurrency miners beyond established or professional, large miners. Notably, the Spanish Ministry of Finance will be responsible for implementing the tax rule. The authority will reportedly hire bitcoin and cryptocurrency specialists, as well as training officials as a means to identifying all miners. Few details are known at this juncture.

Full article: https://www.cryptocoinsnews.com/spain-tax-bitcoin-miners-...

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