Cardano (ADA) staking in Spain: tax declaration
How it works: Delegate ADA to stake pool (no lockup). Rewards received every epoch (~5 days) automatically.
Tax treatment: Staking rewards = capital income at market value when received (per DGT V1766-21 criterion). ~73 events/year.
Acquisition cost of rewards: Market price at receipt. When sold: capital gain/loss = sale price - acquisition cost.
Manual calculation: ~73 events/year × fluctuating ADA price = very tedious manually.
kointax connects to Cardano wallets (Eternl, Yoroi, Daedalus) and calculates each reward value automatically.