For which countries can chain.report create a tax report?

chain.report is an international tax tool. In your report you will find a separate listing of all income and earnings. For example, private disposals are totaled and listed separately from totaled staking or lending income.

Especially for German customers, however, chain.report assesses whether the income is to be assigned to capital gains tax or to income tax - or is even assessed as tax-free.

Some exceptions must be taken into account, however:

First, the EUR value is always used as the assessment basis. A profit calculation, for example on the basis of CHF or USD, is now available. Different tax regulations in the cantons must also be observed for Switzerland.

For the assessment of the results of the various sources of income, the FIFO method (First in First Out) or LIFO or AVCO is applied to determine the totals. Precisely this may not be applied in exceptional cases (such as in Austria), however, because other methods of profit calculation exist there.

chain.report will soon also implement a separate tax solution for Austrian tax law.

You can find a status on this here or in our Telegram channel.