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V0590-18 1 March 2018 · SG de Impuestos Patrimoniales, Tasas y Precios Públicos Criterion in force
IP · criptomonedas

Bitcoin and cryptoassets must be declared in Wealth Tax at euro value

The DGT confirms that cryptocurrencies should be declared in the Wealth Tax, similar to foreign capital.

The question raised

Taxation of cryptocurrencies or crypto-assets in Wealth Tax.

The DGT's ruling

Bitcoin and analogous figures are virtual currencies that function as means of payment. In Wealth Tax, they must be declared along with other assets, valued at market price on the accrual date. The value shall be their equivalent in euros as of December 31 of each year.

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