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MEDIUM
FISCAL

Cryptocurrency exchange constitutes a swap generating capital gains or losses

V2513-25

Prepared and reviewed by the BMC editorial team  ·  Methodology

Technical details

Type
consulta-vinculante (what is this?)
Identifier
V2513-25
Published
16 Dec 2025

Summary

The consultant asked how to tax the exchange of one cryptocurrency for another due to a project restructuring. The DGT responds that this operation is a swap and must be taxed as a capital gain or loss in personal income tax.

In 6 key points

Lifecycle

2025-12-16PublishedPublished 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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