CoinLoan Taxes: How to Generate Your Crypto Tax Report
CoinLoan went insolvent in 2023 — but your tax obligations on historical transactions remain. Every trade, interest payment, and disposal made on CoinLoan is a potential taxable event. CoinTracking imports your CoinLoan transaction history via CSV, calculates gains, losses, and income, and generates a tax report ready for your tax authority or accountant.
How to Import Your CoinLoan Transactions into CoinTracking
Watch how to import your historical CoinLoan transaction history into CoinTracking to generate your crypto tax report — even after CoinLoan's closure.
Start Your Free CoinLoan Import- Every crypto trade, interest payment, and disposal on CoinLoan is a taxable event in most jurisdictions. Capital gains tax and income tax may both apply to your historical activity.
- CoinLoan never offered an API for tax software. Import your historical transactions using a CSV export from your CoinLoan account and upload it to CoinTracking.
- Transfers between your own wallets are not taxable events. Buying and holding crypto is not a taxable event.
- CoinLoan is defunct. The Estonian crypto lending platform went insolvent in 2023 and has ceased operations. Your tax obligations for historical transactions remain. If you have not yet filed taxes for your CoinLoan activity, you should do so promptly to avoid penalties.
CoinLoan and Your Tax Obligations
CoinLoan was an Estonian crypto lending and borrowing platform founded in 2016. It offered crypto-backed loans, interest accounts, and a lending marketplace for users across Europe and beyond. In 2023, CoinLoan went insolvent and ceased all operations, leaving users needing to account for their historical transactions.
Although CoinLoan is no longer operational, all taxable transactions that occurred on the platform remain reportable events. Users must still account for trades, interest income, and any crypto received through CoinLoan's lending products.
CoinTracking supports CoinLoan via CSV file upload:
- CoinLoan Transaction History CSV: downloaded from your CoinLoan account history or statements
- All crypto trades, interest payments, and withdrawals are supported
- CoinTracking maps CoinLoan CSV columns automatically
- Historical imports work even after CoinLoan's closure — as long as you have the CSV file
Crypto Tax Basics: What CoinLoan Users Need to Know
Tax rules for crypto vary across jurisdictions. These three principles apply broadly to CoinLoan users — including for historical activity from a now-defunct platform — but always verify the specifics with your local tax authority or a qualified advisor.
Platform closure does not erase tax obligations
When a crypto platform goes bankrupt or closes, the tax obligations on transactions made before the closure remain fully enforceable. Every trade, loan repayment, interest receipt, and disposal on CoinLoan is a potentially taxable event in most jurisdictions. Failing to declare historical gains or income exposes you to penalties, interest charges, and back-tax assessments.
Trading and lending income is taxable
In most countries, every sale, swap or use of crypto is a taxable event. Capital gains tax applies to the difference between what you paid (cost basis) and what you received. Interest income from CoinLoan's lending products is generally taxable as ordinary income. Transfers between your own wallets do not trigger tax.
Records are your responsibility
CoinLoan did not issue formal tax documents. The CSV export is a raw transaction history — not a tax report. Accurate records of every trade, date, cost and proceeds remain your responsibility. If CoinLoan's portal is no longer accessible, use any historical CSV files or email statements you saved. CoinTracking maintains a complete, dated audit trail of every CoinLoan transaction you import.
CoinLoan Taxes by Country
Crypto tax rules differ by market. Below are the key rates, deadlines and filing forms for the countries where CoinTracking users traded most actively on CoinLoan.
Germany
- Disposal tax: Personal income tax rate (up to 45%); gains are tax-free if held longer than 1 year (Haltefrist)
- Annual exemption: Gains up to €1,000/year are tax-free
- Staking income: Taxed as other income (Sonstige Einkünfte)
- Cost basis: FIFO per wallet
- Authority: Finanzamt
- Forms: Anlage SO, Anlage KAP
Austria
- 27.5% capital gains tax: Since March 2022, crypto is taxed like shares — a flat 27.5% KESt applies to gains.
- Old coins grandfathered: Crypto acquired before 28 February 2021 is tax-free on disposal.
- Staking and lending: Treated as capital income, also taxed at 27.5%.
- Authority: Finanzamt Austria. Report via Einkommensteuererklärung (E1 / E1kv).
Switzerland
- Capital gains: Generally tax-free for private investors (no capital gains tax on crypto disposals for non-professionals)
- Wealth tax: Crypto holdings are subject to wealth tax at cantonal rates based on year-end market value
- Income from crypto: Mining and staking rewards are taxed as income at progressive rates
- Authority: Cantonal tax authority (varies by canton)
United Kingdom
- Capital Gains Tax: 18% (basic rate) or 24% (higher rate) from October 2024
- Annual exempt amount: £3,000 (2024/25 onward)
- Staking income: Income Tax at marginal rate
- Cost basis: Section 104 pool (HMRC rules)
- Authority: HMRC
- Forms: Self Assessment SA100, SA108
Spain
- Savings income (IRPF): 19% up to €6,000; 21% up to €50,000; 23% up to €200,000; 27% up to €300,000; 28% above
- Foreign crypto disclosure: Modelo 721 required if portfolio exceeds €50,000 abroad
- Staking income: Taxed as savings income
- Authority: Agencia Tributaria (AEAT)
- Forms: Modelo 100 (IRPF), Modelo 721
Poland
- Flat rate: 19% on all crypto gains (no holding period exemption)
- Loss carryforward: Up to 5 years
- Staking income: Taxed as capital income at 19%
- Cost basis: FIFO
- Authority: Urząd Skarbowy
- Form: PIT-38
Italy
- Flat rate: 26% on gains exceeding €2,000/year (from 2023)
- Foreign holdings disclosure: Quadro RW required if portfolio exceeds €15,000
- Staking income: Taxed as capital income at 26%
- Authority: Agenzia delle Entrate
- Forms: Quadro RT (gains), Quadro RW (foreign holdings)
Portugal
- Disposal tax: 28% on gains from crypto held less than 1 year (from 2023)
- Long-term holding: Tax-free on disposal if held 1 year or longer
- Staking income: Taxed at 35% flat rate or progressive income tax rates
- Authority: Autoridade Tributária (AT)
- Forms: Modelo 3, Anexo G or Anexo J
France
- Flat 30% tax (PFU): Gains from crypto disposals are subject to the prélèvement forfaitaire unique (PFU) — 12.8% income tax + 17.2% social charges.
- No exemption for holding period: Unlike Germany, there is no tax-free threshold after 1 year.
- Staking income: Taxed as BNC (non-commercial income) if received regularly; otherwise as capital gains.
- Authority: Direction générale des Finances publiques (DGFiP). Declare via Formulaire 2086.
Tax rules change frequently. This overview is for general information only and does not constitute tax advice. Consult a qualified advisor for your specific situation.
Are CoinLoan Transactions Taxable?
In most jurisdictions, crypto is treated as an asset: disposing of it can trigger capital gains tax. Use this as a starting reference. The exact rules vary by country.
Taxable Events
- Selling crypto for fiat (EUR, USD, etc.)
- Swapping crypto for crypto
- Using crypto to pay for goods or services
- Interest and lending income received
Not Taxable
- Buying and holding crypto
- Transferring crypto between your own wallets
- Depositing fiat to CoinLoan
- Receiving crypto as a personal gift
Tax treatment varies by country. CoinTracking applies the rules for your selected jurisdiction automatically.
How to Calculate Your CoinLoan Taxes
CoinLoan's CSV export contains your raw trade and lending history — but converting that into an accurate tax report requires calculating cost basis, holding periods and gains for every transaction, even historical ones from a closed platform.
The core calculation is straightforward: take what you received (proceeds), subtract what you paid (cost basis, calculated with FIFO), and the result is your taxable gain or loss. Interest income must be reported separately as ordinary income in most jurisdictions.
CoinTracking automates this across your full CoinLoan history and produces a report your accountant or local tax authority will accept — whether the platform is still active or not.
How to Import CoinLoan into CoinTracking
Three steps to upload your CoinLoan transaction history and generate your tax report.
- 1
Log into CoinTracking and open Imports
After logging in, click the Import icon in the left navigation. This is where you connect all your exchanges, wallets and blockchains.
- 2
Search for CoinLoan in the import list
Type "CoinLoan" in the search field. CoinTracking will show the CoinLoan import option for CSV upload.
- 3
Upload your CoinLoan transaction history
Log into your CoinLoan account (if still accessible), navigate to your transaction history, download the CSV export, and upload it to CoinTracking. If the portal is unavailable, use any saved CSV files from your records.
"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 CoinLoan
Tax Report with CoinTracking
Three steps from CSV export to a tax report your accountant will accept.
Export your CoinLoan transaction history
Log into your CoinLoan account (or use saved records), navigate to your transaction history, and download the CSV export. Even historical exports from a closed platform work in CoinTracking.
Review your transactions
Open Reports → Validate Transactions. CoinTracking flags missing cost basis entries, duplicate imports and price gaps so your final report is accurate.
Generate and export your tax report
Select your country and tax year. CoinTracking generates a report formatted for your jurisdiction: PDF or Excel, ready to file or hand to your accountant.
No. CoinLoan never provided a dedicated tax report. It offered transaction history exports in CSV format. Since CoinLoan went insolvent in 2023 and ceased operations, users must rely on historical CSV exports they downloaded before the platform shut down. CoinTracking imports your CoinLoan CSV and generates a complete, compliant tax report for your jurisdiction.
If you still have access to your CoinLoan account portal, navigate to the History or Reports section and download your transaction history as a CSV file. If CoinLoan's portal is no longer accessible, check your email for any historical statements or CSV exports you received while the platform was operational. Upload the CSV file directly into CoinTracking to import your historical transactions.
Yes. Tax obligations on past transactions do not disappear when a platform closes or goes bankrupt. All trades, interest earned, and disposals that occurred while you used CoinLoan are taxable events in most jurisdictions. You must still report these historical gains, losses, and income — regardless of CoinLoan's insolvency. CoinTracking helps you calculate and report your historical CoinLoan activity accurately.
No. CoinLoan never offered a public API for importing transaction data into tax software. The only supported import method is the CSV export from your CoinLoan account transaction history. CoinTracking fully supports the CoinLoan CSV format for historical transaction imports.
Yes. Every sale, swap, or disposal of cryptocurrency on CoinLoan is a taxable event in most jurisdictions. Interest and rewards earned through CoinLoan's lending accounts are also typically taxable as income. The gain or loss is the difference between your cost basis and the proceeds at the time of disposal. Tax-free thresholds and holding periods vary by country.
Losses from the CoinLoan insolvency may be tax-deductible in some jurisdictions. Whether you can claim a capital loss depends on whether you received any proceeds from the insolvency process and the specific tax rules in your country. We recommend consulting a qualified tax advisor for your specific situation. CoinTracking can help you document your cost basis and transaction history accurately.
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