Avalanche (AVAX) and its DeFi ecosystem in Spain
AVAX staking:
- Validator (min 2,000 AVAX): Locked AVAX not taxable; validation rewards = capital income
- Delegation (min 25 AVAX): Lockup not taxable; rewards at period end = capital income
DeFi on Avalanche C-Chain (EVM-compatible, same rules as Ethereum):
- Trader Joe swaps: capital gain/loss
- Joe V2 LP provision: not taxable at deposit; income at withdrawal
- Benqi lending: qiAVAX deposit not taxable; accumulated interest = capital income at withdrawal
GMX: Trading gains = capital gains. GLP staking income = capital income.
kointax connects to Avalanche C-Chain wallets and imports all DeFi history.