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Is mining crypto legal in spain

Is mining crypto legal in spain

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Cryptocurrencies are legal in Spain.

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CryptoSpain desvela Como Comprar Criptos SIN USAR un Banco Espanol y EVITAR a Hacienda
Our guide to how Spanish tax authorities treat cryptocurrency and non-fungible tokens (NFTs) and the tax implications for individual and corporate investors. In general terms, mining is taxed as an income deriving from an economic activity for PIT purposes. Said income is included in the PIT general. Yes, cryptocurrency in Spain is taxable. The Agencia Tributaria views it as a kind of capital asset, and views gains from crypto transactions as savings income.

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Likewise, the following must also register with the SCB Registry: Regardless of their nationality, those individuals or entities that provide the aforementioned services, when the address, administration or management of these activities resides in Spain, regardless of the location of the service recipients. Switzerland Explore. There is no official guidance from the STA on this matter to date.

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