Spain has hundreds of Bitcoin ATMs. Guide on tax implications of buying and selling crypto at ATMs.
Purchases: NOT taxable. Price paid (including ATM premium of 5-10%) = acquisition cost.
Sales (cash out): Capital gain/loss. Gain = cash received - acquisition cost of sold BTC.
KYC at ATMs: EU ATMs require ID for >€1,000 operations. Data accessible to AEAT.
ATM premium: Part of acquisition cost, not a separate deductible expense.
Recording ATM ops in kointax: Manual entry → date, BTC amount, price paid (€), transaction type.
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