📝 Description
Not every country has a dedicated tax form built into Waltio. The International Generic Model solves this by giving you the core tax calculations that apply universally — regardless of where you file.
Tax laws vary across jurisdictions, but the fundamental math is the same everywhere:
Proceeds – Cost Basis = Gain or Loss
Waltio handles this calculation engine for you, applying your chosen cost-basis method (FIFO, LIFO, or Average Cost) across all your transactions. The result is a complete, audit-ready set of documents you can hand to your local tax advisor.
⚠️ Warnings
The International Generic Model does not generate country-specific tax forms. It provides the raw calculations in universal documents.
Tax laws change frequently. Always verify with a qualified local tax advisor how to map these figures to your tax return.
This model is available when you select the International profile in Waltio.
Documents provided
Global Tax Certificate
A high-level summary of your tax year, including:
Total capital gains and losses from all your crypto disposals.
Total passive income (staking, mining, airdrops, etc.).
End-of-year holdings with their market value.
👉 This is your starting point — a one-page overview to share with your tax advisor.
Detailed Journal
A line-by-line breakdown of every taxable event during the year:
Each disposal with its date, proceeds, cost basis, and resulting gain or loss.
Each income event with its date, type, amount, and fair market value at receipt.
The cost-basis method applied (FIFO, LIFO, or Average Cost).
👉 This document is audit-ready. It provides the full trail a tax authority would need to verify your calculations.
Stock Sheet
An inventory of all assets you still hold at the end of the tax year:
Each asset with its remaining quantity and remaining cost basis.
This file carries forward to the next tax year as your opening position.
👉 This is crucial for continuity — it ensures your cost basis is accurate in subsequent years.
💡 Additional Information
Why is this valuable? Even without a local tax form, these three documents give your tax advisor everything needed to complete your return. The math is done — they just need to map it to your local requirements.
To learn more about the available calculation methods, see the article Standard Tax Methods (FIFO, LIFO, Average Cost).
👉 Disclaimer: Waltio provides the calculation engine and audit-ready documentation. Because tax laws change rapidly, we recommend handing these documents to your local tax advisor to map the figures to your specific tax return. Waltio does not provide tax, legal, or accounting advice.