Overview
- Sumar filed amendments to move individual crypto gains from the savings tax base to the general income bracket that tops out at 47 percent.
- Corporate holders would face a flat 30 percent rate on cryptocurrency profits under the proposal.
- The package would require the CNMV to introduce a platform‑visible “risk traffic light” rating for digital assets.
- All cryptocurrencies would be deemed attachable assets for seizure, including tokens in decentralized wallets, a step critics call unenforceable.
- Legal and industry voices warn of custody and operational hurdles for CASPs, while some tax inspectors float alternatives such as FIFO or weighted‑average reporting and a separate Bitcoin‑only regime with lower rates.