https://euroweeklynews.com/2025/04/...h-in-spain-you-could-now-face-a-e150000-fine/
Spain has quietly introduced a new rule: if you plan to withdraw over €3,000 in cash, you now have to notify the tax authorities in advance — 24 hours for amounts over €3K, and 72 hours if it’s over €100K. It’s not a fine for withdrawing — it’s a fine for not reporting it first. The penalty? Between 1% and 10% of the amount, up to €150,000. Even multiple smaller withdrawals can trigger scrutiny.
Spain has quietly introduced a new rule: if you plan to withdraw over €3,000 in cash, you now have to notify the tax authorities in advance — 24 hours for amounts over €3K, and 72 hours if it’s over €100K. It’s not a fine for withdrawing — it’s a fine for not reporting it first. The penalty? Between 1% and 10% of the amount, up to €150,000. Even multiple smaller withdrawals can trigger scrutiny.
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