NFT royalties for creators in Spain
What are NFT royalties: Automatic percentage (5-10%) paid to creator on every secondary market resale.
Tax treatment:
- Business income (habitual activity): If creating/selling NFTs regularly with organization. Must register as autónomo, invoice, VAT obligations, can deduct expenses.
- Capital income (non-habitual): If occasional activity.
Practical position: Creators with significant recurring royalties should classify as business income.
Initial NFT drop (primary sale): Business income or capital gain depending on creator's classification.
Minting gas costs: Deductible expense if business activity.
kointax imports creator wallets, detects royalty income and classifies correctly for IRPF.