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V0315-24 ·5 March 2024 ·consulta-vinculante Medium impact
Tax

Cryptocurrencies held in non-custodial wallets do not need to be declared

A taxpayer asks whether cryptocurrencies, stablecoins, and exchange balances must be reported in Form 721. The DGT clarifies that only virtual currencies held abroad and custodied by third parties must be declared.

In 6 key points

How it affects those involved

Taxpayers holding cryptocurrencies in non-custodial wallets are not required to report them in Form 721.

Lifecycle

2024-03-05PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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