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Taxing staking rewards only when you sell would be a big change.
Right now every payout counts as income at that day's price, so someone staking SOL can end up with 100s of small income rows a year to track.
Holding VELO? Each one upgrades to 0.044 new AERO, and veVELO locks become sAERO. Nothing converts automatically and the upgrade is one way.
Claim your rewards and rebases first. Anything left unclaimed can't be recovered.
Then save the date, tokens in, tokens out and both tx hashes (it starts on OP Mainnet and lands on Base). Some countries treat a swap like this as a disposal, so you'll want that record when you file.
At least with stocks your broker tracks the cost basis for you.
In crypto, move coins between a couple of exchanges and most people lose track of it completely.
Whatever Congress decides, it won't change this year's return.
Swaps, staking rewards and sales from 2026 still get reported under today's rules, so keep your records clean.
Clear rules for staking rewards and small everyday payments would help a lot of people.
Right now most just want to know what they need to report.
Buying inside the banking app makes it easy, just keep track of your buy dates.
In Germany, gains on crypto sold within a year are taxable, after a year they're tax-free. So the date decides the tax.
The 1% TDS is the part Indian traders forget at filing time.
It shows up in your 26AS as tax already paid, so match it against your exchange records or you leave that credit on the table.
Question 18 is where most people slip up, they think it's only for selling to AUD.
Crypto to crypto swaps count too, so pull your full trade history before you fill it in.
Funny how everyone knows the ETF cost basis to the dollar, but most people couldn't tell you their own.
Worth checking yours, especially if you've bought across a few exchanges.
Korea has pushed this tax back a few times already, so plenty of ppl will assume it gets delayed again.
Safer to start keeping clean records from Jan 1 anyway, so year one isn't a scramble.
Staking with @P2Pvalidator is now part of Kryptos, on @solana, @monad, @SuiNetwork, @Aptos and @HyperliquidX.
Each reward you earn is logged in your portfolio with its date, so it's already there at tax time.
If the Jan 1, 2027 start holds, Korean investors have about two months to get their records sorted.
The usual gap is cost basis from older or closed exchange accounts, so export those trade histories while you still can.
Worth knowing it's an amendment to the 2027 budget, so the Senate still gets a say before anything is final.
Until then French crypto to stablecoin swaps aren't taxed, only cashing out to euros or spending.
A 4th delay would make this the longest running "starts next year" tax in crypto.
Either way, Korean holders are better off saving what they paid for each coin now. Rebuilding years of trades later is the painful part.
Worth flagging for the UK side. If you buy the same coin back within 30 days of selling, HMRC matches the sale to the new purchase, so the loss you were after mostly goes away.
Season 1 of Kryptos missions is live on @Afyniti_. The idea is to learn how to track your crypto, find your staking rewards and get ready for tax time, then help someone else figure it out too. You earn XP for both. Details and terms are on Afyniti.
Our newest partner, @KryptosConnect, is live with Season 1 on Afyniti!
🟢 Complete missions.
🟢 Earn XP.
🟢 Climb the standings.
Kryptos has allocated 25,000 TLOS to the campaign. The top 400 eligible XP holders will be considered for rewards by Kryptos.
Kryptos Tax retweeted
Our newest partner, @KryptosConnect, is live with Season 1 on Afyniti!
🟢 Complete missions.
🟢 Earn XP.
🟢 Climb the standings.
Kryptos has allocated 25,000 TLOS to the campaign. The top 400 eligible XP holders will be considered for rewards by Kryptos.
If you're in France and swap BTC into USDC or EURC, this one matters.
On Oct 16 the Assemblée nationale voted 38-37 to end the tax deferral on swaps into MiCA e-money tokens from Jan 1, 2027. Gains on those swaps would fall under the 31.4% flat tax.
It isn't law yet, and the rest of the 2027 budget process can still change or drop it.
The same text moves to a weighted average cost per coin, so keep a clean record of what you paid for each coin from now on.
🚨FRANCE MOVES TO TAX CRYPTO-TO-STABLECOIN SWAPS AT 31.4%!
French lawmakers have approved a proposal to tax gains on crypto-to-stablecoin conversions at the 31.4% flat rate starting in 2027.
The measure would treat swaps into MiCA-regulated stablecoins as taxable events. Under the current rules, tax is deferred until conversion to fiat.
For example, buying Bitcoin for €30,000 and later swapping it for €70,000 in stablecoins would trigger roughly €12,560 in tax on the €40,000 gain.