
Our guide is updated and fact-checked to keep you informed and compliant with Agencia Tributaria's policies. Spain's crypto tax rules are constantly changing. Spanish taxpayers must report crypto holdings over €50,000 held abroad.Spain imposes wealth tax on individuals with net worth above €700.Staking income attracts Savings Tax (Renta del Ahorro) tax rates of 19% to 26%.
Crypto mining also attracts Business Activity Tax, levied by each municipality. Mining income is seen as business income, subject to Income General Tax (Renta General) of 45% to 54%. The tax you'll pay on crypto gains is 19% to 26% on taxable income exceeding €200,000. Gains from crypto sales and NFTs attract Income Savings Tax (Renta del Ahorro) as a capital gain. You'll need to report your crypto taxes as part of your Personal Income Tax Declaration.įor private investors, crypto in Spain is general taxed like this: buying, selling, mining, etc.) and the taxpayer's individual circumstances. Tax rates vary based on transaction type (ex. The Agencia Tributaria views it as an asset, making gains and profits from crypto transactions generally subject to taxation under Personal Income Tax (PIT). Let's get started! 🚀 Is cryptocurrency taxed in Spain? Lastly, we'll provide a step-by-step walkthrough on how to file your crypto tax using the appropriate platform before the deadline of June 30.
Additionally, we'll share strategies that can help you minimize your tax burden. Curious about how much tax you'll pay on crypto in Spain? This guide will provide you with all the information you need to know! Whether you're interested in learning about Bitcoin tax or any other cryptocurrency, we'll discuss crypto Capital Gains Tax, crypto Income Tax, and the amount of tax you'll be required to pay.