Tame your crypto taxes in Spain with Blockpit and VicoX
Blockpit and VicoX Legal are partnering to offer taxpayers in Spain the most complete solution for understanding, processing and handling all their cryptocurrency transaction data for tax purposes. Users will benefit from the expertise of VicoX's lawyers in cryptoasset taxation issues, in conjunction with the automation of Blockpit's Cryptotax tool, to meet all their tax needs.
The growth of crypto users in recent years has been exponential. This has encouraged the insertion of cryptocurrencies and their technologies in economic dynamics around the world. Spain has been no exception. With the daily use of this financial technology have come, as a consequence, the relevant fiscal responsibilities. And, as usual, they are far from simple to understand. Not only is it necessary to understand what tax obligations apply to crypto users, but there is also the added responsibility of collecting all the information and processing it in order to be able to file the tax return.
The law firm Vicox has developed a department dedicated to offering its clients comprehensive advice on filing tax returns for their cryptoassets. The firm has remained at the forefront of the regulations that apply to cryptocurrencies in Spain, covering all potential client profiles. Individual investors, companies, miners, traders, etc., can all find personalised legal and tax advice at Vicox.
Blockpit, a leading provider of compliance solutions in Europe, has pursued the goal of bringing trust and transparency to blockchain-based financial markets through the development of a tax compliance tool. The software allows users to import and synchronise their cryptoasset transaction data directly from the exchange or wallet they use. The Cryptotax tool is capable of processing all cryptocurrency-related activities, such as trading, staking, margin trading, bounties, stock tokens and many others. And finally, users can download their specific tax report for the Spanish legal framework, ready to use in the declaration.
This new partnership allows to leverage the full potential of both companies to provide a complete tax filing service for cryptocurrencies. Vicox customers will be able to purchase a Blockpit licence at a 10% discount, providing them with a tool that will facilitate their tax filing process. And Blockpit users who need personalised advice on how to complete their tax return will be referred to Vicox's experts for professional tax advice.
If you are a Spanish resident and a Blockpit user or a Vicox customer, don't miss the opportunity to benefit from this alliance. And if you are not, you already know where to find the perfect solution to the recurring question "how should I declare taxes on my cryptocurrencies". Join Blockpit and Vicox and you will no longer have to worry.
