Crypto Tax Impact Simulator
Estimate the tax bracket for your cryptocurrency gains based on your tax residency regulations (Spain, Mexico, Argentina, Colombia, US, Germany, and International) and save hours of manual work.
Est. effective rate: 19.6%
To reconcile CSV files and Excel balances
Generate your tax report in minutes
Avoid filing errors and calculate deductible losses by connecting your 3 platforms directly to Koinly.
How Are Cryptocurrencies Taxed in Your Country?
Digital asset taxation varies depending on your residence. Below is a summary of the tax criteria applied by the tool:
Spain (IRPF)
Progressive savings base taxation in brackets ranging from 19% up to 28% for capital gains exceeding €300,000.
Mexico (ISR)
Gains from the disposal of digital assets count as taxable income under Income Tax (ISR) with a provisional payment of 20%.
Argentina
Subject to Cedular Tax on gains from Argentine or foreign sources (15% base rate depending on tax regulations).
Colombia
Classified as Ordinary Income or Occasional Capital Gains (15% rate) based on holding period.
United States
Taxed as property. Distinguishes between short-term gains (Ordinary Income Rate) and long-term gains (preferential Capital Gains rates).
Germany
Private money status. 100% tax-free (0%) if you hold cryptocurrencies without trading for more than 1 year (1-Year Rule).
Frequently Asked Questions about Crypto Tax Reporting
Key considerations to stay compliant with your local tax authority.
Are crypto-to-crypto swaps (e.g., BTC to ETH) taxable?↓
In most jurisdictions (Spain, US, Mexico, Colombia, etc.), exchanging one cryptocurrency for another triggers a taxable event. Capital gains or losses are calculated based on local fiat equivalent value at the precise moment of trade.
Can I offset crypto losses against gains?↓
Yes. Virtually all tax frameworks allow capital losses to be deducted from gross gains. Furthermore, if your annual total is net negative, you can usually roll over losses to offset gains over the following 4 tax years.
How can I generate an accurate official report?↓
Manual spreadsheet tracking often leads to errors due to high transaction volume and trading fees. The recommended method is connecting your exchange accounts and wallets via read-only API keys to tax software like Koinly, which automatically categorizes movements per local tax rules.
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