Due to the anonymity of non-fungible tokens’ (“NFTs”) transactions, sellers face practical difficulties in determining whether or not they should charge Spanish Value Added Tax (“VAT”) to the buyers on sales through online...more
The Spanish Tax Authorities (“STA”) have issued the first ruling analysing the Value Added Tax (“VAT”) treatment of the sale of non-fungible tokens (“NFTs”) that grant the buyer a right to use an underlying digital artwork....more
The Spanish Parliament has finally approved Law 11/2021, of 9 July, on measures to prevent and fight against tax fraud (“Law 11/2021”) which implements several aspects of Council Directive (EU) 2016/1164 of 12 July 2016...more
8/5/2021
/ Capital Gains ,
Collective Investment Schemes ,
Controlled Foreign Corporations ,
Foreign Investment ,
Income Taxes ,
International Tax Issues ,
Reporting Requirements ,
Spain ,
Stamp Duty Land Tax ,
Statute of Limitations ,
Tax Fraud ,
Tax Haven ,
Value-Added Tax (VAT)