Hi there π
β
Deposits usually increase the value of your portfolio.
The choice of the label have an impact on the calculation of your capital gains or losses. So, please do not use labels if you are unsure of their different impacts.
According to the French tax regulation, some deposits increase your Total Acquisition Price (also called TAP or cash-in).
π‘ Not all deposit have to be labeled, only the following one should be labeled in Waltio as they increase your TAP:
Salary
Cashback
Donation received
π To label a transaction in our tool, follow this tutorial.
πͺ§ Here is a summary table of the labels and their fiscal impact in our tool:
Deposit label | Will the cryptos be considered acquired at 0? | Is it a taxable operation ? | Does the labelled transaction impact the value of the portfolio? |
Salary Donation Crypto Buy Cashback Mining |
No β |
|
Yes β Increase βοΈ |
Collateral Reimbursement Unstaking Scam |
Yes β |
|
No β |
Airdrop Mining | No β (only if you chose BNC option, if no so Yes)* | Yes β (only if you chose BNC option, if no so No)* | Yes β Increase βοΈ |
ICO Borrow Swap CFD gain Other gain Transfer between accounts |
Yes β |
|
Yes β Increase βοΈ |
*The option of being taxed under the BNC (Non-Commercial Profits) tax regime for passive income received can be advantageous for your taxes!
π Check out our article on this taxation here
π‘ Here's how to add deposit from platforms not supported by Waltio.
π To fully understand the difference between these labels and the old Waltio labels, please follow this article.
If you have any other questions, do not hesitate to contact us via the chat just at the bottom right of your screen! π¬
The Waltio team