Crypto tax in Spain
Rules verified in September 2026.
Short term
19–30%
Long term
19–30%
Threshold
None (rate rises by gain bracket)
Annual allowance
Not applicable
Cost method
FIFO
Legislation
LIRPF arts. 33–37, 66, 76 (Ley 7/2024); DGT V0999-18
In short
Spain treats cryptocurrencies as capital assets. Gains are taxed in tiers: 19% up to €6k, 21% from €6k–€50k, 23% from €50k–€200k, 27% from €200k–€300k and 30% above €300k (since 2025). No distinction between short and long term.
Key points
- 19% up to €6,000 gain
- 21% between €6k and €50k
- 23% between €50k and €200k
- 27% between €200k and €300k
- 30% above €300k (new 2025 tier)
- File in the IRPF return (Renta)
- FIFO mandatory (DGT V0999-18 and V1149-18, art. 37.2 LIRPF)
- Crypto-to-crypto swaps are taxable events
- Form 721 if more than €50,000 is held on foreign exchanges
Frequently asked questions
How much tax do you pay on crypto in Spain?
19–30%. Spain treats cryptocurrencies as capital assets. Gains are taxed in tiers: 19% up to €6k, 21% from €6k–€50k, 23% from €50k–€200k, 27% from €200k–€300k and 30% above €300k (since 2025). No distinction between short and long term.
Is there an annual allowance on crypto gains in Spain?
There is no crypto-specific annual allowance on capital gains in Spain.
Which method is used to match buys and sells?
It depends on the country: FIFO (the first unit bought is the first sold) in Portugal, Spain, Germany or Belgium; weighted average cost in France, Luxembourg or Brazil; LIFO in Italy; the Section 104 pool in the UK. ChainFolioAI applies the chosen country's method to your history (in some countries with a simplification, stated on this page) and exports the result.
Calculate on your own history
The rate is only half the problem. To file, you need to match each disposal to the right acquisition under the country's method (FIFO, average cost, LIFO…), convert to your currency at the date of each transaction, and separate short-term from long-term. ChainFolioAI does this from your transactions — connect wallets read-only or import a CSV from your exchange — and exports to PDF or Excel.
Other countries
⚠️ General information, not tax advice. Rules change and your situation may have specifics (residency, professional activity, staking, mining). Confirm with an accountant or your tax authority before filing. ChainFolioAI is not an exchange or a crypto-asset service provider and does not report your data to any tax authority: reporting duties (DAC8, CARF) fall on exchanges. The reports you export are yours alone.