The savings tax base in Spain includes capital income and capital gains derived from the transfer of crypto assets. This article explains what income you must declare in this category, such as staking gains, liquidity pools, lending income, and crypto-to-crypto or crypto-to-fiat transactions. In this article, we will show you the income you need to declare in the Savings Tax Base.

Several transactions fall into this category:

This category refers to income considered as "rewards" for an action performed or as passive income:

This category refers to exchanges between cryptocurrencies as well as to sales transactions.

In Spain, transactions between cryptocurrencies are subject to tax and the capital gain must be calculated for each transaction. Sales transactions of stablecoins and crypto-euros are also taxed.

Buying a cryptocurrency with fiat currency is not a taxable transaction.

Since income tax rates in Spain vary by region and current laws, please refer to the official page of the Agencia Tributaria to find the most up-to-date tax brackets applicable to your residence. Additionally, we recommend consulting our own informational guide, which we keep regularly updated with the latest tax updates in addition to official sources.