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V0889-26 ·22 April 2026 ·consulta-vinculante Medium impact
Tax

Cryptocurrency sales taxed as capital gains, exempt from VAT

A private individual enquires about the tax treatment of peer-to-peer cryptocurrency transactions. The DGT confirms these operations generate capital gains or losses for IRPF purposes and are exempt from VAT as they fall under excluded or exempt activities.

In 6 key points

How it affects those involved

Peer-to-peer cryptocurrency transactions are classified as capital gains or losses for income tax purposes and are not subject to VAT.

Lifecycle

2026-04-22PublishedPublished 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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