Calculate and report your taxable gains

Do you have to declare?

Updated over a week ago

Hi there πŸ‘‹

As a reminder, there are two taxable events:

  • The purchase of goods and services in cryptocurrencies

  • Converting cryptocurrencies into FIAT (state monetary currency).

If you have not made any taxable transactions during the year 2021, there is no need to calculate and declare your capital gains, because you have not made any!

However, if these digital asset accounts are held on foreign platforms you must declare your accounts via form 3916-BIS.

We provide all this account data for all of our customers 😊 (Free plan included)

To learn more about it, we recommend our white paper!
​If you have any other questions, do not hesitate to contact us via the chat just at the bottom right of your screen! πŸ’¬

The Waltio team

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