Hello 👋,
In Spain, NFTs are taxed when you buy (with crypto) sell or earn them.
💡The tax category will be different depending on whether you are an artist (creator of NFTs) or a non-artist.
If you are an artist :
If your aren't an artist :
| Taxation on NFTs |
Sale by a non-artist | To be included in capital gains (savings base) as for cryptos |
Sale by an artist | To be included in gains from economic activities (General base). |
❗️At Waltio, NFTs are not considered taxable by default. If you have made NFT sales transactions, contact customer service directly so we will be able to include these transactions in your tax return.
If you have any further questions, please feel free to contact us via the chat just at the bottom right of your screen! 💬
The Waltio team 💙