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V1748-18 ·18 June 2018 ·consulta-vinculante Medium impact
FISCAL

Bitcoin mining is exempt from VAT and does not establish entrepreneurial status

The consultant asks whether Bitcoin mining is subject to VAT and whether VAT deductions are allowed for components purchased. The DGT states that Bitcoin mining is not an entrepreneurial activity subject to tax and therefore does not entitle the taxpayer to deduct VAT on purchases.

In 6 key points

Lifecycle

2018-06-18PublishedPublished 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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