Play-to-Earn NFTs in Spain: tax treatment
Tokens earned by playing:
- Occasional: capital income at market value when received
- Habitual/organized: business income (requires autonomous registration)
NFTs earned as rewards: Income at market value when received → acquisition cost for future sales
Selling P2E NFTs: Capital gain = sale price - acquisition cost (market value when received if earned for free)
Tournament prizes: May be employment income or capital gain depending on context
kointax imports P2E wallet transactions and correctly classifies earned tokens.