Crypto in Spanish companies: Corporate Tax (IS)
Key differences vs IRPF:
- Tax rate: IS = 25% general (15% startups first 2 years) vs IRPF = 19-28%
- Valuation method: IS can use weighted average price (PMP) OR FIFO; IRPF = FIFO only
- Recognition: IS = P&L account each year; IRPF = only on sale/swap
- Staking rewards: IS = financial income in results account
Balance sheet classification: Financial assets (long-term) / Inventory (trading business) / Treasury (operational payments)
Models 172/173: Also apply to companies with foreign exchange accounts.