Africa

Asia

Europe

Middle East

North America

South America

Spain

Cryptoassets & Blockchain Legal News

BTC $ 3271 1.09%
BCH $ 82 7.38%
ETH $ 85 1.73%

Spain

Bitcoin confirmed exempt from VAT in Spain

April 23, 2015 by Ashley MAO

Based on the interpretation of EU VAT Directive 2006/112/CE recognizing bitcoin as “financial service”, the cryptocurrency has been exempt from VAT in Spain.

According to a spokesman from the Ministerio de Hacienda – Spanish tax office – Bitcoin has always been VAT-free but its status has now been clarified. 

As bitcoin transfers are considered “special risk” activities, anti-money laundering regulons still apply to digital currency transaction.

Tags: , ,

More info from other sources

Ashley MAO, Coinlaw

view profile
Ashley MAO is a member of the Coinlaw team. Read more about our team.

Spain Latest Cryptoassets & Blockchain Legal News

Stay tuned with the legal news on blockchain & cryptoassets

Whether you are a founder gearing-up for an ICO, a token-buyer or a cryptoasset trader, subscribe to our newsletter to be informed of the latest legal developments impacting blockchain & cryptoassets in each and every jurisdiction