Crypto tax FAQ — Spain
Answers to frequently asked questions about crypto taxes in Spain.
How are cryptos taxed in Spain?
In Spain, crypto capital gains are calculated using the FIFO method and taxed at 19-30%.
Is there an exemption threshold?
We have not listed a quantified exemption threshold for crypto capital gains in Spain. The applicable regime (rate, holding period, possible exemption) is presented in the full guide.
Are crypto-to-crypto exchanges taxable?
It depends on your country's legislation. In France, crypto-to-crypto exchanges are not taxable. In other countries, each exchange may constitute a taxable event.
What forms do I need to fill in?
Check your country's tax guide for the exact forms to fill in.
Is staking taxable?
In a 2022 ruling (V1766-22), the tax authority classified the staking rewards in the case examined as income from movable capital, taxable on receipt in the savings tax base. Other situations may be classified differently.
Do I need to declare my Binance accounts?
Modelo 721 reports cryptocurrencies held by custodians established outside Spain when their total value exceeds €50,000 at 31 December; it is filed between 1 January and 31 March. Self-custody wallets are not covered. Other foreign assets (accounts, securities, real estate) fall under Modelo 720.
Is Taxes Crypto reliable for calculating my taxes?
Penalties depend on the law of Spain and generally include tax surcharges, late-payment interest and, in serious cases, criminal prosecution. In the EU, the data reported under DAC8 (transactions since 2026) makes audits easier.
How can I get started?
Create a free account, connect your Binance API and start the calculation. It's simple and fast.
Are airdrops taxable?
The treatment of airdrops in Spain is not yet documented on this site. Depending on the country, they are taxed as income on receipt or only when sold: check with the tax authority or an adviser.
What is the filing deadline in Spain?
Filing and payment dates in Spain are set each year by the tax authority and may vary with the filing method. Check the official calendar for the year concerned. Prepare your return in advance with Taxes Crypto.
Are crypto losses deductible?
In most countries, capital losses can be offset against capital gains from the same year. In some countries, losses can be carried forward to future years.
Does the DAC8 directive require me to file?
No: the DAC8 directive creates an obligation for platforms, not for you. Since 1 January 2026, crypto-asset service providers collect data on the transactions of their EU-resident customers and report it; the first exchanges between countries take place by 30 September 2027 at the latest. Your own filing obligations remain those of your country. Outside the EU, the equivalent OECD framework (CARF) is being introduced on each country's own timetable.
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