The Treasury redoubles surveillance of cryptocurrencies in the 2022 Income campaign with more than 300,000 notices expected

The Tax Agency (AEAT) will reinforce the notices it sends to taxpayers suspected of having income from The Treasury redoubles surveillance of cryptocurrencies in the 2022 Income campaign with more than 300,000 notices expected. And, likewise, it will maintain surveillance of two other potential sources of tax fraud: income obtained in other countries and property rentals. This was reported by this agency under the Ministry of Finance this Tuesday in its presentation of the 2022 Income campaign.

Thanks to the information that financial entities send to the treasury, the Tax Agency estimates the number of taxpayers who could own crypto actives and warns them when they access to consult their tax data on the web that they have the obligation to declare the income they have obtained thanks to them. This warning, however, is only a notice to encourage the taxpayer to comply voluntarily. “Each person then decides to do with it what seems appropriate, declare or not,” explained the general director of the AEAT, Soledad Fernandez Doctor, at a press conference on Tuesday.

The Treasury will send a total of 328,000 notices of this type to taxpayers with cryptocurrencies, 40% more than the 233,000 sent in 2021 and 22 times more than those registered in 2020. The treasury justifies this increase in the notices in which it increasingly has more information and in the exponential increase in operations with this type of asset, very popular in recent years.