Wave.Space Taxes: How to Import Your Transactions & Generate Your Tax Report
Wave.Space is a Swiss-based crypto payments and salary platform that enables receiving salary in cryptocurrency and converting between crypto and fiat. Every crypto receipt, conversion and payment on Wave.Space is a potential taxable event. CoinTracking imports your full Wave.Space transaction history via CSV and generates a jurisdiction-specific tax report.
How to Import Your Wave.Space Transactions into CoinTracking
Watch how to export your Wave.Space transaction history as a CSV and import it into CoinTracking to generate your complete crypto tax report.
Start Your Free Wave.Space Import- Receiving crypto as salary, converting between crypto and fiat, and spending crypto on Wave.Space are all potential taxable events. Holding crypto and depositing fiat are generally not taxable. Tax compliance is your personal responsibility.
- CoinTracking supports Wave.Space CSV import. Export your transaction history from Wave.Space and upload it to CoinTracking. All salary receipts, conversions and payments are supported.
- Depositing fiat to Wave.Space and holding crypto in your Wave.Space account are generally not taxable events. Only disposals — conversions, sales, or outgoing crypto payments — trigger a tax obligation.
- Tax compliance is your responsibility. Wave.Space is a Swiss-based platform and is not an EU-regulated CASP subject to DAC8. Your tax authority will not receive automatic reports from Wave.Space. You are required to report all taxable gains and income from your Wave.Space activity in your annual tax return.
Wave.Space and Your Crypto Tax Obligations
Wave.Space is a Switzerland-based crypto payments and salary platform that allows individuals and businesses to receive salaries in cryptocurrency and convert seamlessly between crypto and fiat. It bridges traditional payroll systems with the crypto economy, enabling users to manage crypto-denominated income alongside fiat conversions in a single platform.
As a Swiss-based company, Wave.Space is not subject to EU DAC8 reporting obligations. This means your tax authority will not receive automatic reports of your Wave.Space activity — you are responsible for declaring all taxable events in your annual tax return.
Wave.Space users need to account for:
- Receiving salary in cryptocurrency (taxable income at FMV on the date of receipt)
- Converting crypto to fiat (taxable disposal — gain/loss vs. original cost basis)
- Converting between cryptocurrencies (taxable disposal in most jurisdictions)
- Outgoing crypto payments (taxable disposal at FMV at time of payment)
Crypto Tax Basics for Wave.Space Users
Wave.Space is primarily used in Switzerland and internationally. Here are the key tax rules that apply to Wave.Space activity across major jurisdictions.
Receiving crypto salary is taxable income
When you receive your salary in cryptocurrency via Wave.Space, this is generally treated as taxable employment income at the fair market value (FMV) of the crypto on the date of receipt. The FMV at receipt also becomes your cost basis for any future disposal of that crypto. CoinTracking records all salary receipts as income events in your tax report.
Converting crypto to fiat is a taxable disposal
Each time you convert cryptocurrency to fiat currency on Wave.Space, this constitutes a taxable disposal. The taxable gain or loss equals the difference between the fair market value of the crypto at the time of conversion and your original acquisition cost (typically the salary FMV at receipt). CoinTracking tracks each conversion individually and calculates the resulting gain or loss.
Converting between cryptocurrencies is also taxable
In most jurisdictions, swapping one cryptocurrency for another is treated as a disposal of the first asset and an acquisition of the second. The gain or loss on the disposed asset must be reported. CoinTracking imports Wave.Space crypto-to-crypto conversions and correctly classifies each as a disposal and a new acquisition.
Outgoing crypto payments are taxable disposals
Sending cryptocurrency as a payment from Wave.Space constitutes a disposal of that crypto. The taxable gain or loss is calculated against your original cost basis. CoinTracking captures all outgoing payment transactions from your CSV export and includes them in your tax report.
DAC8 is not applicable to Wave.Space
The EU DAC8 directive requires EU-regulated crypto-asset service providers (CASPs) to automatically report transaction data to EU tax authorities from 1 January 2026. Wave.Space is headquartered in Switzerland and is not regulated by EU authorities under MiCAR. It is not subject to DAC8. Users in the EU must self-report all Wave.Space activity — it will not be reported on their behalf.
Wave.Space Taxes by Country
Key crypto tax rules for countries where Wave.Space is commonly used. Select your country for specific rates and requirements.
Switzerland
- Crypto salary: Taxable as income at FMV on date of receipt; subject to cantonal and federal income tax
- Capital gains: Capital gains from crypto are generally tax-free for private individuals in Switzerland (not subject to capital gains tax at federal level)
- Wealth tax: Crypto holdings may be subject to cantonal wealth tax — declare holdings at year-end value
- Cost basis: Average cost method commonly applied
- Authority: ESTV / Cantonal tax authorities
Germany
- § 23 EStG: Crypto gains taxed at personal rate (up to 45%) if disposed within 1 year of receipt; tax-free after 1 year
- Annual exemption: €1,000/year in private disposal gains
- Crypto salary: Taxable as employment income (§ 19 EStG) at FMV on date of receipt
- Cost basis: FIFO per wallet
- Forms: Anlage SO (disposals), Anlage N (salary income)
United Kingdom
- Capital Gains Tax: 18% (basic) / 24% (higher) from October 2024
- Annual exempt amount: £3,000 (2024/25)
- Crypto salary: Subject to Income Tax and National Insurance via PAYE or Self Assessment
- Cost basis: Section 104 pooling (HMRC)
- Authority: HMRC
United States
- Short-term gains: Ordinary income rates (up to 37%) for crypto held ≤1 year
- Long-term gains: 0%, 15% or 20% for crypto held >1 year
- Crypto salary: Taxable as ordinary income at FMV on date of receipt; report on Form W-2 or Schedule 1
- Cost basis: FIFO or specific identification (IRS)
- Authority: IRS
Australia
- Capital Gains Tax: Crypto disposals subject to CGT; 50% CGT discount for assets held >12 months
- Crypto salary: Taxable as ordinary income at FMV on date of receipt
- Cost basis: Cost base at time of acquisition; FIFO commonly applied
- Authority: ATO (Australian Taxation Office)
Tax rules change frequently. This overview is for general information only. Consult a qualified advisor for your specific situation.
Are Wave.Space Transactions Taxable?
In most jurisdictions, receiving crypto salary and converting crypto are taxable events. Use this as a starting reference — exact rules vary by country.
Taxable Events
- Receiving salary in cryptocurrency (income at FMV)
- Converting crypto to fiat (taxable disposal)
- Converting between cryptocurrencies (taxable disposal in most jurisdictions)
- Sending crypto as payment (disposal at FMV)
Not Taxable
- Depositing fiat to Wave.Space
- Holding crypto in your Wave.Space account
- Transferring crypto between your own wallets
- Buying crypto with fiat (creates cost basis)
Tax treatment varies by country. Always verify with a qualified advisor for your specific situation.
How to Calculate Your Wave.Space Taxes
Wave.Space users who regularly receive crypto salary and convert between crypto and fiat accumulate many transactions with varying cost bases across the year. Each salary receipt, conversion and payment must be tracked individually — with the correct FMV at the time of each event — before gain or loss can be calculated.
CoinTracking imports your full Wave.Space transaction history from your CSV export, assigns the correct acquisition date and market price to every salary receipt and purchase, and applies your chosen cost-basis method (FIFO, LIFO, HIFO). It then generates a jurisdiction-specific tax report — ready for your accountant or tax authority in Switzerland, Germany, UK, the US and beyond.
How to Import Wave.Space into CoinTracking
Three steps to import your Wave.Space data and generate your tax report via CSV.
- 1
Log into CoinTracking and open Imports
After logging in, click the Import icon in the left navigation. This is where you add all your exchanges, wallets and blockchains. Search for Wave.Space to start.
- 2
Download your Wave.Space CSV and upload it
Log into your Wave.Space account and navigate to the transaction history or reports section. Download your transaction history as a CSV file. In CoinTracking, search for Wave.Space in the import search and upload the CSV. All salary receipts, conversions and payments will be imported.
- 3
Review transactions and generate your tax report
Once your Wave.Space data is imported, validate the transactions and generate a tax report for your jurisdiction. CoinTracking calculates capital gains, income and losses — including each crypto conversion and salary receipt — and formats the output for your country, ready for your accountant or tax return.
"CoinTracking can handle just about any complex transaction you can throw at it and the automation is a real lifesaver. Of all the tax software tools we've reviewed, CoinTracking is the most detail-oriented and has more accuracy checks in place than the competition."
How to Create Your Wave.Space
Tax Report with CoinTracking
Three steps from Wave.Space CSV to a tax report your accountant will accept.
Import your Wave.Space transactions
Download your CSV from Wave.Space and upload it to CoinTracking. All salary receipts, crypto-to-fiat conversions, crypto-to-crypto swaps and outgoing payments are imported.
Review and validate your transactions
Open Reports → Validate Transactions. CoinTracking flags missing cost basis, missing prices and unresolved transfers so you can correct them before generating your report.
Generate your Wave.Space tax report
Select your country and tax year. CoinTracking generates a jurisdiction-specific tax report in PDF or Excel format, covering all Wave.Space gains, losses and income — ready to file or hand to your accountant.
No — Wave.Space provides a transaction export (CSV). CoinTracking imports this and generates your full tax report, including cost-basis tracking across all crypto payments, salary receipts and conversions.
Log into your Wave.Space account and navigate to the transaction history or reports section. Download your transaction history as a CSV file and upload it to CoinTracking using the import search.
Yes — in most jurisdictions, receiving cryptocurrency as salary is taxable income at the fair market value (FMV) on the date of receipt. The FMV at receipt also becomes your cost basis for any future disposal of that crypto. CoinTracking records these as income events in your tax report.
Wave.Space is a Swiss-based platform and is not subject to EU DAC8 reporting obligations. Your tax authority will not receive automatic reports of your Wave.Space activity — you are responsible for declaring all taxable events in your annual tax return.
Switzerland: average cost method is commonly applied. Germany: FIFO per wallet (§ 23 EStG). UK: Section 104 pooling (HMRC). US: FIFO or specific identification (IRS). CoinTracking supports FIFO, LIFO, HIFO and all major methods.
Yes — converting cryptocurrency to fiat (or between cryptocurrencies) is a taxable disposal in most jurisdictions. The taxable gain or loss equals the difference between the fair market value at the time of conversion and your original acquisition cost. CoinTracking imports all Wave.Space conversion transactions and calculates the gain or loss per event.
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