Crypto salary in Spain: tax treatment
Legal: Workers' Statute allows up to 30% salary in-kind. Crypto can qualify if agreed in employment contract. Cannot fully replace minimum wage in euros.
Tax for employee: Crypto salary = employment income (not capital gain). Taxed at marginal rate on market value at receipt. Company must withhold IRPF.
Acquisition cost: The market value declared as employment income becomes the acquisition cost.
Future sale calculation: Sale price - employment income value = capital gain/loss (savings base rate).
Example: Receive 1 BTC at €50,000 (employment income) → sell at €70,000 → €20,000 capital gain (19-28% rate, not marginal rate).
kointax classifies crypto salary receipts with correct acquisition cost.