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V1885-21 ·16 June 2021 ·consulta-vinculante Medium impact
Tax

Crypto transactions exempt from VAT; invoices and SII reporting required

A company engaged in crypto trading asks whether it must issue invoices for sales and report purchases to the SII. The DGT confirms that cryptocurrencies are considered foreign exchange and their services are VAT-exempt, but maintains the obligation to issue invoices and report transactions.

In 6 key points

Lifecycle

2021-06-16PublishedPublished 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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