MintPal Taxes: How to Import Your Historical Data & Generate Your Tax Report
MintPal was a British crypto exchange that was hacked and shut down in 2014. But closure does not erase your tax obligations — every trade you made on the platform remains a taxable event. CoinTracking accepts your MintPal trade history, calculates gains and losses, and generates a tax report ready for your accountant or tax authority.
How to Import Your MintPal Transactions into CoinTracking
Watch how to bring your MintPal historical trade data into CoinTracking and generate your complete crypto tax report — even for transactions from a closed exchange dating back to 2014.
Start Your Free MintPal Import- Every crypto trade, swap, and disposal on MintPal is a taxable event in most jurisdictions. Capital gains tax and income tax may both apply — regardless of whether the exchange is still operating.
- CoinTracking imports MintPal transactions via paste import — copy your trade history table and paste it directly into CoinTracking to import all your historical trading data.
- Transferring crypto between your own wallets or accounts is not a taxable event. Buying and holding crypto is not taxable until disposal.
- MintPal has been closed since 2014. You can still import historical data if you have a saved copy of your trade history. Your tax obligations for trades made on MintPal remain in effect — all gains, losses, and income must be declared for the relevant tax years.
MintPal and Your Crypto Tax Obligations
MintPal was a British cryptocurrency exchange founded in 2014 that quickly gained popularity for trading altcoins. The platform was compromised in a high-profile hack in 2014 and subsequently collapsed. The exchange has been offline ever since, leaving many users with unresolved trading histories that still carry tax implications.
As a UK-based exchange operating outside the EU, MintPal was not subject to EU DAC8 reporting requirements. However, depending on applicable regulations, user data may have been reported to HMRC or other relevant authorities. You remain personally responsible for declaring all taxable events from your MintPal trading history.
CoinTracking supports MintPal via paste import:
- MintPal paste import: copy your trade history table and paste it directly into CoinTracking to import all historical trades
- All spot trades, disposals, and trade history are supported
- Historical data from closed exchanges is fully compatible with CoinTracking's tax engine
- Generate back-tax reports for prior years if you have not yet declared your MintPal activity
Crypto Tax Basics: What MintPal Users Need to Know
MintPal served traders primarily in the UK and internationally. The core tax principles below apply broadly — but always verify the specifics with your local tax authority or a qualified tax advisor.
Every disposal is a taxable event
In most countries, selling, swapping, or otherwise disposing of cryptocurrency triggers capital gains tax. The gain or loss equals the difference between your proceeds and your cost basis (what you originally paid, including fees). This applies to each individual trade made on MintPal — even historical ones from prior tax years going back to 2014.
Obligations survive exchange closure
The closure of MintPal in 2014 does not eliminate your tax obligations for trades made while the exchange was active. Tax authorities in most jurisdictions can assess back-taxes for unreported gains, often going back several years. If you have not yet declared your MintPal trading history, you should file retroactively using your historical data. CoinTracking can generate tax reports for any prior year from your imported data.
Record-keeping with saved trade history
Since MintPal is no longer operational, any saved copy of your trade history is your primary record of activity on the platform. Importing this data into CoinTracking converts it into a structured tax report with a full audit trail, formatted for your jurisdiction. If you traded on MintPal and lack records, consult a tax advisor about your options for reconstructing your trading history.
MintPal Taxes by Country
MintPal served traders worldwide. Crypto tax rules differ by market — below are the key rates, deadlines and filing rules for the countries where CoinTracking users most commonly report their MintPal history.
United Kingdom
- Capital Gains Tax: 18% (basic rate) or 24% (higher rate) from October 2024
- Annual exempt amount: £3,000 (2024/25 onward)
- Trading income: If HMRC classifies activity as a trade, profits are subject to Income Tax at marginal rates
- Cost basis: Section 104 pool (HMRC rules)
- Authority: HMRC
- Forms: Self Assessment SA100, SA108
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
- Business income: If trading is a business activity, profits are taxed as Gewerbeeinkünfte (trade income)
- Cost basis: FIFO per wallet
- Authority: Finanzamt
- Forms: Anlage SO, Anlage KAP
United States
- Short-term gains: Taxed as ordinary income (10%–37%) for assets held under 1 year
- Long-term gains: 0%, 15%, or 20% depending on income bracket, for assets held over 1 year
- Cost basis: FIFO, LIFO, or specific identification permitted
- Authority: IRS
- Forms: Form 8949, Schedule D
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.
- Business income: Professional trading activity may be taxed as business income at progressive rates.
- Authority: Finanzamt Austria. Report via Einkommensteuererklärung (E1 / E1kv).
Switzerland
- Capital gains: Generally tax-free for private investors; professional traders are taxed as self-employed income
- Wealth tax: Crypto holdings subject to wealth tax at cantonal rates based on year-end market value
- Business trading: High-frequency or leveraged trading may be classified as professional activity and taxed accordingly
- Authority: Cantonal tax authority (varies by canton)
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
- Business activity: Classified as rendimientos de actividades económicas if trading is a professional activity
- 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
- Business income: Professional crypto trading may be taxed under business income rules
- 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
- Business income: Corporate and professional traders taxed under IRES/IRPEF rules
- Authority: Agenzia delle Entrate
- Forms: Quadro RT (gains), Quadro RW (foreign holdings)
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.
- Professional traders: High-frequency trading may be classified as BNC (non-commercial income) at progressive rates.
- 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 MintPal Transactions Taxable?
In most jurisdictions, crypto is treated as an asset: disposing of it triggers capital gains tax. These rules apply to your historical MintPal trading data — even after the exchange has closed. Use this as a starting reference — exact rules vary by country.
Taxable Events
- Selling crypto for fiat (GBP, EUR, USD, etc.)
- Swapping or trading crypto for crypto
- Using crypto to pay for goods or services
- Referral rewards and trading bonuses received
Not Taxable
- Buying and holding crypto
- Transferring crypto between your own accounts
- Depositing fiat to MintPal
- Receiving crypto as a personal gift
Tax treatment varies by country. CoinTracking applies the rules for your selected jurisdiction automatically.
How to Calculate Your MintPal Taxes
Even though MintPal closed in 2014, you still need to account for every trade you made on the platform. Calculating cost basis, holding periods, and gains for each individual transaction — potentially spanning multiple years going back over a decade — is impractical without automation.
CoinTracking imports your MintPal trade history via the paste import, applies your chosen cost-basis method (FIFO, LIFO, HIFO, and others), calculates gains and losses for every disposal, and produces a jurisdiction-specific tax report. Historical data from prior tax years is fully supported — you can generate back-tax reports for any year covered by your MintPal data.
The result is a tax report — PDF or Excel — that your accountant or tax authority will accept, with a full audit trail for every transaction.
How to Import MintPal into CoinTracking
Three steps to paste your MintPal trade 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 MintPal in the import list
Type "MintPal" in the search field. CoinTracking will show the MintPal import option — select it to proceed with the paste-based import for your historical data.
- 3
Paste your MintPal trade history
Paste your MintPal trade history table into the import field. CoinTracking will import all your historical trades automatically and calculate your tax position.
"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 MintPal
Tax Report with CoinTracking
Three steps from trade history import to a tax report your accountant will accept.
Import your MintPal trade history
Copy your MintPal trade history table and paste it into CoinTracking via the MintPal import. CoinTracking imports all historical trades automatically, including data going back to 2014.
Review your transactions
Open Reports → Validate Transactions. CoinTracking flags missing cost basis entries, duplicate imports and price gaps so your final report is accurate — essential for historical data from closed exchanges.
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. MintPal was a British crypto exchange that was hacked and shut down in 2014. It never generated a ready-to-file tax report. If you still have your old MintPal trade history data, you can paste it into CoinTracking. CoinTracking then calculates gains, losses, and income across your full trading history and generates a compliant tax report for your jurisdiction.
You can still import your historical MintPal trading data into CoinTracking using the paste-based import. If you saved your trade history from MintPal before the exchange closed, navigate to CoinTracking → Import Data → search for "MintPal" and paste your trade table into the import field. CoinTracking will parse all your historical trades automatically. If you no longer have the data, you may need to consult any backups you made before the exchange went offline.
Yes. Every sale, swap, or disposal of cryptocurrency through MintPal is a taxable event in most jurisdictions. Capital gains tax applies to the difference between your cost basis and the proceeds at the time of each trade. Income received — such as referral rewards or trading bonuses — is also typically taxable. These obligations apply regardless of the exchange's closure: all historical transactions made on MintPal must still be declared for the relevant tax years.
Yes. The closure of MintPal does not change your tax obligations for trades executed while the exchange was active. Tax authorities in most jurisdictions require you to report all crypto disposals for the relevant tax years, regardless of whether the exchange still operates. MintPal closed in 2014 — if you have not yet declared your MintPal trading history, you should do so retroactively. CoinTracking can process historical data to generate back-tax reports for past years.
MintPal was a British exchange and was not an EU-regulated CASP, so EU DAC8 reporting rules did not apply. However, to the extent MintPal had regulatory obligations, certain user data may have been reported to HMRC or other relevant authorities during the period the exchange was active. Regardless of any exchange-level reporting, you remain personally responsible for declaring your crypto gains, losses, and income from your MintPal activity in your annual tax return.
The correct cost-basis method depends on your jurisdiction. In the UK, HMRC's Section 104 pooling rule applies — all units of a coin are pooled, and disposals are calculated against the average pool cost. In Germany, FIFO per wallet is the recognised method. In the US, FIFO, LIFO, or specific identification may be used. CoinTracking supports all major cost-basis methods — you can switch between them and instantly recalculate your MintPal tax report to find the most tax-efficient outcome for your situation.
Start Tracking Your Crypto Taxes Today
Experience why 2.2 million users trust CoinTracking — sign up today for a seven-day free trial!