Andorra published Law 24/2022 of 30 June 2022 in the Official Gazette on 20 July 2022. The law provides a broad framework for the regulation of digital assets and blockchain technology in the country including, among several other things, provisions regulating the tax regime for digital assets/currencies. Some of the main points are summarized as follows:
For legal persons, the law provides that digital currencies or cryptocurrencies are considered intangible fixed assets for accounting and…