Definition, causes, consequences and key indicators to identify an economic recession

Definition and characteristics of economic recession An economic recession is a period during which a country's economic activity is significantly reduced, affecting multiple sectors. It is generally defined by two consecutive quarters with negative growth in the Gross Domestic Product (GDP). During this phase, a general drop in industrial production is observed, [...]

Tax rules and obligations to declare cryptocurrency earnings in Spain in 2024

Taxation of profits from cryptocurrencies in Spain In Spain, the profits obtained from the sale or exchange of cryptocurrencies are integrated as capital gains or losses within personal income tax. This means that each operation must be declared in income. The Tax Agency requires that the difference between the purchase and sale price, adjusted by [...]