Back to index
V2388-24 21 November 2024 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · estimación directa simplificada

Digital artist with NFTs: deductibility of minting costs, premises amortisation, tax treatment of airdrops and staking in IRPF

A digital artist selling tokenised works on blockchain platforms under the simplified direct estimation method seeks clarification on the deductibility of minting costs and premises amortisation limited to the activity, as well as the tax treatment of airdrops received without consideration and the classification of cryptocurrency staking returns outside economic activity. The DGT confirms the deductibility of minting expenses and premises amortisation, and classifies the airdrops and staking returns as gains in kind.

The question raised

Question posed - Possibility of deducting from gross income the expense for NFT minting required by the digital platforms where works are marketed, as well as the depreciation expense of the property used exclusively for artistic activity.

The DGT's ruling

NFT minting expenses required by platforms are deductible under the direct estimation method due to their correlation with activity income. The depreciation of premises used exclusively and directly for artistic activity is also deductible, even if ownership is held in undivided interest with a spouse. Airdrops received without consideration in relation to professional activity are classified as benefits in kind from economic activity. Staking returns—regardless of whether the taxpayer acts as a validator or an investor—are considered returns on movable capital under Article 25.2 of the LIRPF, are valued at market value in euros on the date of receipt, and are integrated into the savings tax base.

Apply this to a real case

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

Book a meeting Write to the firm
Email
Contact