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V2012-21 6 July 2021 · SG de Tributos Locales Criterion in force
OTRO · impuesto sobre actividades económicas

No obligation to register with IAE for personal bitcoin buying and selling

The consultant asks whether registration with IAE is required for buying and selling bitcoins. The DGT responds that personal bitcoin trading does not constitute an economic, professional or business activity.

The question raised

Question raised: The taxpayer wishes to know whether they are obliged to register in the IAE to buy or sell bitcoin.

The DGT's ruling

The buying and selling of bitcoins for oneself does not constitute an economic, business, or professional activity, and therefore is not subject to the IAE. For the taxable event to occur, it is required that there be an organization on one's own account of means of production and/or human resources to intervene in the production or distribution of goods or services. If the subject were to provide services to third parties, such as the buying and selling or mining of cryptocurrencies, it would indeed be subject to the tax.

Apply this to a real case

What is published here, applied to a company or a specific case. The first meeting is free.

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