Taxes · ESP
Taxes in Spain
Spain taxes cryptocurrency capital gains as savings income at rates between 19% and 28% depending on the gain amount. Income from staking and mining is subject to general income tax at progressive rates up to 47%. Spanish residents must also report foreign crypto holdings above 50,000 EUR via Modelo 721, introduced from fiscal year 2023 onward.
Income tax
Mining rewards and staking income are treated as general income (rendimientos del capital mobiliario or economic activity income) taxed at progressive rates from 19% to 47%. Fair market value at receipt is the taxable amount.
VAT / GST
Exempt. The Court of Justice of the EU ruled crypto-to-fiat exchange is VAT exempt (Hedqvist, C-264/14), and Spain follows this. Buying or selling cryptocurrency is not subject to Spanish IVA for individuals.
Capital gains
Crypto disposals are treated as capital gains under savings income (rentas del ahorro). Rates: 19% on first 6,000 EUR, 21% on 6,000-50,000 EUR, 23% on 50,000-200,000 EUR, 27% on 200,000-300,000 EUR, 28% above 300,000 EUR.
Type case, not tax advice: figures describe a single average earner and standard rates; your situation depends on residency, deductions and local rules. Verify with the tax authority before acting. — Fiatmap