| Interest | Income at the inflow date |
|---|---|
| Loan of coins | Usually not a sale |
| Receipt token | Can be an exchange |
If you only hand over the coins and keep a claim for return, the handover is generally not a sale. As soon as the protocol gives you a different token (cToken, aToken, receipt), an exchange may have occurred. The economic substance decides, not the hash.
Every interest inflow needs a date, an asset and a price. Compounded interest is still an inflow once you can dispose of it. A yearly lump sum without individual movements rarely survives a review.
Nexo, Celsius successors and on-chain lending often export interest as a trade or as a stake. Card payments are missing. In CleanUp you separate interest, repayment and spend instead of taking the raw CSV type.
The Ministry of Finance treats many crypto-lending yields as other income, not automatically as withholding-tax capital income. Check with a tax advisor if unsure.
According to the Ministry of Finance, use for income generation can affect the period. The law is not finally settled. Document the principal separately.
Uncollectible claims can be a loss. That does not replace a clean split of inventory and interest beforehand.
This guide structures the data issues and common German administrative practice. It is not tax advice. The assessment in your case stays with you and your tax advisor.
Classify lending movements in CleanUp. Then the lent inventory stays put and only the interest becomes an inflow.
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