Correctly labeling your transactions helps justify the outgoing flows of cryptocurrencies to the tax authorities and ensures they are properly taken into account in the calculation of capital gains.

The choice of label impacts the calculation of your capital gains or losses. Only use these labels once you understand their impacts.

[!TIP] Only withdrawals with warnings must be labeled.

💡 Example: If you make a donation. By applying the "Donation" label, your portfolio value decreases, but the operation is not considered a taxable disposal.

👉 To label a transaction in our tool, follow this tutorial. 👉 Here is how to add withdrawals from unsupported platforms.

[!IMPORTANT] For unlabeled withdrawals (to be categorized): only France does not consider them taxable by default. For all other countries, they are considered taxable.