How Funded Account Payouts Are Taxed in Spain, Mexico and Colombia (2026)

In Spain, Mexico and Colombia a funded account payout is taxable income, and in all three the usual treatment is business or professional income rather than a capital gain. You never own the positions you trade on an evaluation or a funded account, so there is no asset to sell and nothing that behaves like an investment disposal; what you receive is a contractual share of simulated profit, paid for an activity you carry out on your own account. That puts the payout in the general income base in Spain, in the business and professional activity chapter of the Mexican income tax law, and in the non labour income of the Colombian cédula general. This guide gives the category, the registration question, the 2026 rates from the primary source, and a worked example in each currency.

Spain, general base

19% to 47%state scale plus a matching regional scale

Spain, quarterly payment

20%of cumulative net income, modelo 130

Mexico, RESICO ceiling

3,500,000 MXNprior year income from the activity

Mexico, RESICO rates

1.00% to 2.50%of collected income, no deductions

Colombia, tax free band

1,090 UVTarticle 241 first bracket, 0%

Tax withheld by Dolvero

Nonein any country, no certificate issued

Why a payout is not a capital gain

The question every trader asks first is whether the money can be taxed at the lower investment rate. In all three systems the answer turns on the same point: what did you actually sell? On a funded account the positions sit in the firm's simulated environment. You do not buy an instrument, you do not hold it in your name, and you do not dispose of it. You perform an activity under a contract and the contract pays you a share of the result.

Spanish law makes this unusually explicit. Article 46 of Ley 35/2006 says the savings income base is made up of certain investment income plus gains and losses that arise on the transmission of assets. A payout arises on none of those. Article 27 of the same law defines business income as income from organising your own means of production on your own account in order to take part in producing or supplying services, which is a fair description of trading an evaluation you paid for, on your own schedule, with your own method. This is our reading of the two articles applied to a funded account, not a ruling, and it is the reading you should take to an advisor rather than assume.

The three countries at a glance

Spain

Category. Rendimiento de actividad económica under article 27, taxed inside the general base. Article 33 gains and losses are the alternative your accountant will consider, but article 46 routes only transmission gains to the savings base, so even if a payout were treated as a gain it would not automatically get the savings rates.

Registration. Two separate steps. The tax census comes first: modelo 036, the declaración censal de alta in the register of empresarios, profesionales y retenedores, which the Agencia Tributaria now runs through its Censos WEB service for individuals. Social security registration in the RETA scheme is the second. The consequence is written into article 96.2 of Ley 35/2006: anyone who was registered as self employed at any point in the tax year must file the annual return, whatever the amount. There is no small earnings escape once you are in the register.

Rates. The general base is taxed twice over, by a state scale in article 63 and by the scale each autonomous community approves under article 74. Article 65 sets a reference scale of the same shape for taxpayers resident abroad, and adding the two gives the familiar 19% to 47% band. Your own regional half will differ, sometimes by several points, so treat the combined column as a reference rather than as your bill.

For comparison, the savings base scale in article 66 runs 19%, 21%, 23%, 27% and 30%, the last band applying above 300,000 EUR since 1 January 2025. The gap between 19% and 24% on a mid sized year is exactly why the category question is worth settling early.

Quarterly payments. Article 110 of the IRPF regulation sets the payment on account at 20% of the net income earned from 1 January to the last day of the quarter, less what you already paid in earlier quarters. Article 111 fixes the deadlines: 1 to 20 April, July and October, and 1 to 30 January for the fourth quarter. That is modelo 130. Article 109.2 excuses professionals whose income was at least 70% subject to Spanish withholding in the previous year, and a foreign payer does not apply Spanish withholding, so a trader paid only by a prop firm abroad will normally have to file it.

VAT. Modelo 303 is the VAT self assessment, and the 2026 form and its Pre303 helper are live on the Agencia Tributaria site. Whether your activity actually generates Spanish VAT to charge depends on the place of supply rules and on how the contract is characterised, which is a question for your advisor rather than something to settle from a blog.

Mexico

Category. The default is Título IV, Capítulo II, Sección I of the Ley del Impuesto sobre la Renta. Article 100 makes individuals who receive income from business activities or from providing professional services liable under that section. Article 106 requires monthly provisional payments by the 17th of the following month, computed on income from the start of the year less the deductions allowed in the same section. Article 109 then sends the annual calculation to the article 152 scale, which is progressive and whose peso amounts are updated for inflation and republished by the SAT, so read the current table before you compute.

RESICO. The Régimen Simplificado de Confianza is the simplified alternative. Article 113-E lets individuals with business, professional or leasing income opt into it provided their total income from those activities in the previous year did not exceed 3,500,000 pesos. Tax is paid monthly by the 17th on income actually collected and covered by a CFDI, excluding VAT, with no deductions at all, and an annual return follows in April under article 113-F.

Who cannot use it. Article 113-E closes the door on partners, shareholders and members of legal entities and on related parties, on residents abroad with a permanent establishment in Mexico, on anyone with income under preferential tax regimes, and on those receiving the income listed in fractions III to VI of article 94. Breaching the 3,500,000 peso ceiling at any point in the year, or failing the obligations in articles 113-G and 113-I, moves you back to the ordinary section from the following month, and the authorities may reassign the regime without waiting for you to ask.

The practical catch is the invoice. RESICO taxes income covered by a CFDI actually collected, and a foreign prop firm is not a Mexican taxpayer that receives CFDIs in the ordinary way. Whether and how you issue one for a payout is the single question to put to your accountant before you choose the regime. We flag it as an open point rather than pretending there is a settled answer.

Colombia

Category. Article 330 of the Estatuto Tributario splits an individual's income into three cédulas, and the first of them, the cédula general, holds work income, capital income and non labour income together. Article 335 defines rentas no laborales as everything not expressly classified in another cédula, apart from dividends and occasional gains. A prop firm payout is not employment income, not a dividend and not an occasional gain, so non labour income is where it lands.

What you can subtract. Article 336 allows the costs and expenses attributable to non labour and capital income to be deducted under the ordinary rules, which is the part that matters to a trader with a real cost base. Exempt income and special deductions are capped separately at 40% of the net figure and, in absolute terms, at 1,340 UVT a year.

Rates. Article 241 sets one scale for the whole cédula general, expressed in UVT so it does not need rewriting each year. Article 868 tells the DIAN to publish the peso value of the UVT by resolution before the start of the year, so take that figure from the resolution for the tax year, divide your base by it, and read the table.

Do you have to file? Article 592 exempts individuals who are not responsible for VAT, whose gross income for the year was under 1,400 UVT and whose gross assets on the last day of the year did not exceed 4,500 UVT. The government's annual filing decree adds further tests and the calendar of due dates, so check it for the year rather than relying on the article alone.

Record keeping, and what the payout ledger does for you

All three tax authorities work the same way in practice: they do not care what you call the income until they ask you to prove the number. A prop firm trader has no employer statement and no broker tax report, so the file you build yourself is the whole case. Dolvero's public ledger is unusually helpful here because each payout carries a verification code that anyone, including an inspector, can check against the published record.

1. Log every payout on the day it is approved. Date, gross amount, the 1% payout fee (plus the transfer charge on a bank transfer), the net amount received, the method and the verification code from the ledger. On CFD accounts payouts can be requested every 14 days, so the list has a predictable shape and gaps are easy to spot.
2. Keep the bank or wallet side too. The payout form shows the exact fee and the amount you will receive before you submit. Match each credit to a ledger line so the two records agree on both the amount and the date.
3. File the cost side from day one. Evaluation fees, add-on fees, data and platform costs, hardware, the professional fees you pay for this advice. Note that Dolvero refunds the evaluation fee in full with your second payout, which makes it a refunded cost rather than a permanent one, and your records should show both movements.
4. Record the currency conversion. Payouts are denominated in dollars. Whatever rate your country requires, write down which rate you used and on which date, once, and then use the same method all year.
5. Keep the rules and the terms as they applied to you. Dolvero locks the rules for an account from the day it starts and publishes every change in a public changelog, so you can always show which version governed a given payout.

Where Dolvero stands out

Public payout ledger

Every payoutlisted with a verification code

Payout cycle

Every 14 dayson CFD accounts

Release speed

1 h 56 min average322 payouts, none over 24 h, as of 2 Nov 2026

Payout fee

1%shown on the payout form before you submit

Tax withheld

Nonestated openly, no certificate issued

Evaluation fee

Refundedin full with the second payout

Frequently asked questions

Is a funded account payout a capital gain in Spain?

Usually not. Article 46 of Ley 35/2006 sends only investment income and gains arising on the transmission of an asset to the savings base, and a payout arises from a contract rather than from selling anything. The usual treatment is rendimiento de actividad económica in the general base. This is an interpretation of the law applied to a funded account, so confirm it with an advisor.

Do I have to register as autónomo in Spain to receive payouts?

If the activity is treated as a business activity, the tax census registration on modelo 036 and social security registration in RETA are the two steps involved. One consequence is fixed by article 96.2 of Ley 35/2006: anyone registered as self employed at any point in the year has to file the annual return regardless of how little they earned.

Can I use RESICO in Mexico for prop firm payouts?

Article 113-E allows it for business, professional and leasing income under 3,500,000 pesos of prior year income, at 1.00% to 2.50% with no deductions, and it excludes company shareholders, related parties and several other cases. The open question is the CFDI, because RESICO taxes collected income covered by an invoice and the payer is abroad. Settle that with your accountant before choosing the regime.

Which cédula do payouts fall into in Colombia?

Rentas no laborales inside the cédula general, because article 335 puts everything not expressly classified elsewhere there, apart from dividends and occasional gains. Costs and expenses attributable to that income can be deducted under article 336, and the whole cédula is then taxed on the single article 241 scale.

Does Dolvero withhold tax or send a tax certificate?

No to both, in every country. Dolvero pays the approved amount less the 1% payout fee (a bank transfer also carries the transfer charge shown on the payout form), and it does not issue a withholding statement or a year end tax certificate. What it does provide is a public ledger entry for every payout, with a verification code, plus a live transparency page.

What is the single most useful record to keep?

A one line per payout log with the date, gross amount, fees, net received, method, verification code and the exchange rate you used. Everything a tax office asks a funded trader can be answered from that table plus the matching bank or wallet entries.