chain.report is an international tax tool. In your report, you will find a separate listing of all income and profits. For example, private disposals are summed up and listed separately from aggregated staking or lending income.
For German customers in particular, chain.report evaluates whether the income is subject to capital gains tax, income tax, or is even considered tax-free.
However, some exceptions need to be considered:
First, the EUR value is always used as the basis for assessment. Profit calculation based on CHF or USD, for example, is now available. Additionally, different tax regulations in the Swiss cantons must be taken into account.
For the evaluation of results from various income sources, the FIFO method (First In, First Out) or LIFO or AVCO is applied for sum calculation. However, in exceptional cases (such as in Austria), this method may not be used, as different profit calculation methods apply there.
chain.report will soon implement a dedicated tax solution for Austrian tax law.
You can find updates on this here or in our Telegram channel.