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Spain Considers Legislative Incentives for Blockchain Companies and ICOs

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Wed, 21/02/2018 - 2:13
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Spain Considers Legislative Incentives for Blockchain Companies and ICOs
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Spain is looking to attract companies that use Blockchain technologies and cryptocurrency by providing tax exemptions. The People’s Party is behind the proposed legislation that provides incentives for fundraising through ICOs, tax breaks for companies with specialization in data processing, and a threshold below which cryptocurrency investments don’t need to be reported for investors.

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Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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