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V0525-25 ·28 March 2025 ·consulta-vinculante Low impact
Tax

Cryptocurrencies considered homogeneous goods under IRPF rules

The consultant asks whether cryptocurrencies are homogeneous assets under IRPF Regulation. The DGT states that although not securities, their fungibility classifies them as homogeneous goods, applying the rule that sold assets are those acquired first.

In 6 key points

How it affects those involved

Cryptocurrencies are treated as homogeneous goods for tax purposes due to fungibility, triggering the first-in-first-out principle for capital gains calculation.

Lifecycle

2025-03-28PublishedPublished 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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