Bitcoin Tax in Spain (2026)

No crypto-specific ruleResearch in progressLast reviewed 2026-09-06

The full guide for this country is being researched

What is on this page now is verified against the sources listed below: the tax authority, the governing rule and the shape of the regime. Rates, exemptions and the reporting duty land here once our research is reviewed.

The Agencia Tributaria page opened for this record establishes a separate informational return for virtual currencies held abroad, Model 721. It does not state on the opened page how a resident individual's bitcoin disposal gain is taxed, so this record does not assert a bitcoin gain regime or rate.

Regime: No crypto-specific rule
Tax authority: Agencia Tributaria
Framework: Orden HFP/886/2023, de 26 de julio
Reporting duty: Model 721 is the informational declaration for virtual currencies situated abroad. The official page identifies Orden HFP/886/2023 as the order approving the form and setting its filing conditions and procedure.

What is not taxed

No Model 721 information obligation exists when the aggregate euro value at 31 December of every type of foreign virtual currency does not exceed EUR 50,000.

Frequently asked questions

What is Spain's Model 721 for cryptocurrency?

Model 721 is the Spanish informational declaration for virtual currencies situated abroad. The official page describes it as a distinct declaration and provides its filing resources.

Who has to file Spain's Model 721?

The Agencia Tributaria states that those obliged to file Model 721 are the persons set out in article 42 quater of the General Regulation on tax management and inspection procedures, approved by Royal Decree 1065/2007.

Is there a EUR 50,000 Model 721 threshold?

The official FAQ states that no reporting obligation exists if the combined 31 December euro balances for all foreign virtual-currency types do not exceed EUR 50,000.

Sources

The authority itself: Agencia Tributaria. Rules change with each budget; check the figure that matters to you there before you file.

Buying is the other question: how to buy bitcoin in Spain covers exchanges, payment methods and legality for residents. Running a crypto business here is a third one: Crypto License in Spain (2026).