The following describes how deposits and withdrawals are handled at Accointing. Please note that in Switzerland, trading gains and losses from private individuals are tax-free. Incoming transactions from certain sources count as taxable investment income and are taxable.
- Adjustments from the use of reconcile function due to variances between imported data and actual balances. Disclosed separately in your tax report.
- Margin gains, losses, and fees are part of taxable investment income. If an overall profit is made, this counts as taxable investment income. However, if a loss is made in total, it is not deductible, and a value of 0 is shown in the tax report.
- The “Mint” classification is similar to orders. The deposit (acquisition) of the NFT is not subject to taxation, but the sale of the NFT may be taxable. It is recommended to review the cost basis of the NFT based on the acquisition costs and adjust it if necessary.