eToro Taxes: How to Generate Your Crypto Tax Report
eToro does not create a tax report for you. Every crypto trade and disposal is a potential tax event you are responsible for declaring. CoinTracking imports your full eToro transaction history via CSV export, calculates gains and losses, and generates a tax report ready for your tax authority or accountant.
How to Import Your eToro Transactions into CoinTracking
Watch how to export your account statement from eToro as a CSV file and import it into CoinTracking to generate your crypto tax report.
Start Your Free eToro Import- Every crypto trade on eToro is a taxable disposal in most jurisdictions. Capital gains tax applies when you sell, swap or spend crypto.
- eToro does not offer an API for tax software. Your transaction history must be exported as a CSV account statement from etoro.com/documents/accountstatement and uploaded to CoinTracking.
- Transfers between your own wallets are not taxable events. Buying and holding crypto is not a taxable event.
- Under DAC8, EU crypto exchanges including eToro are required to report user transaction data to national tax authorities from 2026. Your trading history is increasingly visible to tax authorities.
eToro and Your Tax Obligations
eToro is a multi-asset social trading platform operating in over 100 countries. Its crypto offering covers hundreds of assets and is available to EU, UK and international users. Every crypto transaction on eToro creates a potential tax event.
Unlike many crypto exchanges, eToro does not offer an API for tax software. Your full transaction history must be exported as an account statement CSV file from etoro.com and uploaded to CoinTracking.
CoinTracking supports eToro via CSV file upload:
- eToro Account Statement: downloaded from etoro.com/documents/accountstatement (Profile → Settings → Account Statement)
- All crypto buy, sell and transfer transactions are supported
- CoinTracking maps eToro CSV columns automatically
Crypto Tax Basics: What eToro Users Need to Know
Tax rules for crypto vary across jurisdictions. These three principles apply broadly to eToro users, but always verify the specifics with your local tax authority or a qualified advisor.
Trading crypto is a taxable disposal
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. Transfers between your own wallets do not trigger tax.
Stocks and crypto are taxed differently
On eToro you may hold both stocks and crypto. In the EU, crypto is typically classified as a private asset subject to capital gains rules, while stock gains may fall under a different tax category — such as capital income tax — depending on your country. CoinTracking handles eToro crypto transactions correctly for each supported jurisdiction.
Records are your responsibility
eToro operates under EU/CySEC regulation and does not issue formal tax documents for most jurisdictions. The account statement CSV is a raw transaction export — not a tax report. Accurate records of every trade, date, cost and proceeds remain your responsibility. CoinTracking maintains a complete, dated audit trail of every eToro transaction you import.
eToro Taxes by Country
Crypto tax rules differ by market. Below are the key rates, deadlines and filing forms for the countries where CoinTracking users trade most actively on eToro.
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 €600/year are tax-free
- Staking income: Taxed as other income (Sonstige Einkünfte)
- Cost basis: FIFO
- Authority: Finanzamt
- Forms: Anlage SO, Anlage KAP
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 (rendimientos del capital)
- 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
United States
- Short-term gains (held under 1 year): Ordinary income tax (10-37%)
- Long-term gains (held 1 year or longer): 0%, 15%, or 20% depending on income
- Staking rewards: Taxable as ordinary income when received
- Cost basis: FIFO (default); specific identification permitted
- Authority: IRS
- Forms: Form 8949, Schedule D
France
- Flat 30% tax (PFU): Gains from crypto disposals are subject to the prelevement 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 generale des Finances publiques (DGFiP). Declare via Formulaire 2086.
Austria
- 27.5% capital gains tax: Since March 2022, crypto is taxed like shares — a flat 27.5% KESt (Kapitalertragsteuer) applies to gains.
- Old coins grandfathered: Crypto acquired before 28 February 2021 is tax-free on disposal (no KESt applies).
- Staking and lending: Treated as capital income, also taxed at 27.5%.
- Authority: Finanzamt Austria. Report via Einkommensteuererklarung (E1 / E1kv).
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 eToro 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 (USD, EUR, etc.)
- Swapping crypto for crypto
- Using crypto to pay for goods or services
- Receiving crypto as income or reward
Not Taxable
- Buying and holding crypto
- Transferring crypto between your own wallets
- Depositing fiat to eToro
- Receiving crypto as a personal gift
Tax treatment varies by country. CoinTracking applies the rules for your selected jurisdiction automatically.
How to Calculate Your eToro Taxes
eToro's account statement CSV contains all raw transaction data — but converting that into an accurate tax report requires calculating cost basis, holding periods and gains for every transaction.
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.
CoinTracking automates this across your full eToro history and produces a report your accountant or local tax authority will accept.
How to Import eToro into CoinTracking
Three steps to upload your eToro account statement 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 eToro in the import list
Type "eToro" in the search field. CoinTracking will show the available eToro import option.
- 3
Upload your eToro account statement
Log into eToro, go to Profile → Settings → Account Statement, select your date range, click Create and download the CSV file. Upload it to CoinTracking.
"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 eToro
Tax Report with CoinTracking
Three steps from account statement to a tax report your accountant will accept.
Export your eToro account statement
Log into eToro, go to Profile → Settings → Account Statement, select your date range, click Create and download the CSV file.
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.
eToro does not generate a crypto tax report for users. It provides an account statement CSV covering your transaction history, but converting that into a jurisdiction-specific tax report is your responsibility. CoinTracking imports your eToro CSV and generates a complete, compliant report for your country.
Log into eToro, click your profile icon (top right), go to Settings → Account Statement, choose your date range, click Create and download the CSV file. Alternatively, go directly to etoro.com/documents/accountstatement. Upload the file to CoinTracking to import all your transactions.
In most EU countries, yes. Every sale or swap of cryptocurrency is a taxable disposal. The gain or loss is the difference between your cost basis and the proceeds at the time of sale. Tax-free thresholds and holding periods vary by country — Germany has a 1-year exemption, Portugal a similar rule for long-term holdings.
No. eToro does not currently offer a public API for transaction data. The only supported import method is the account statement CSV from eToro. CoinTracking fully supports the eToro CSV format.
Generally yes. In the EU, crypto is typically classified as a private asset subject to capital gains rules, while stock gains may fall under different tax categories depending on your country. In Germany, for example, crypto gains after 1 year are tax-free, while stock dividends and gains are subject to Abgeltungsteuer. CoinTracking handles eToro crypto transactions correctly for each supported jurisdiction.
Yes. In most jurisdictions, realised losses from crypto disposals can be offset against gains in the same tax year. Rules on carrying losses forward vary by country. CoinTracking calculates and reports both gains and losses automatically from your eToro account statement.
Start Tracking Your Crypto Taxes Today
Experience why 2.2 million users trust CoinTracking — sign up today for a seven-day free trial!