Neverless Taxes: How to Generate Your Bitcoin Tax Report
Every Bitcoin purchase, sale, and disposal through your Neverless account creates a taxable event. As a BaFin-licensed German app, Neverless is subject to EU DAC8 reporting requirements — making accurate tax records more critical than ever. CoinTracking imports your Neverless CSV export, calculates gains and losses, and generates a compliant tax report for your country in minutes.
How to Import Your Neverless Transactions into CoinTracking
Watch how to export your Neverless transaction history as a CSV file and import it into CoinTracking to generate your complete Bitcoin tax report.
Start Your Free Neverless Import- Every Bitcoin sale or disposal through your Neverless account is a taxable event in most jurisdictions. In Germany, gains are taxable if the holding period is under one year (§ 23 EStG). After one year, Bitcoin gains are fully tax-free.
- CoinTracking imports Neverless transactions via CSV export: open the Neverless app, go to your transactions list, tap the download icon, and upload the CSV to CoinTracking. Your full Bitcoin history is processed automatically.
- Transferring Bitcoin between your own wallets or accounts is generally not a taxable event. Buying and holding Bitcoin is not taxable until you dispose of it.
- Under DAC8, EU-regulated platforms like Neverless are required to report user transaction data to national tax authorities. Your Bitcoin purchase and sale history is increasingly visible to your tax office — making accurate, voluntary reporting more important than ever.
Neverless and Your Tax Obligations
Neverless is a German Bitcoin savings and investment app headquartered in Munich. It focuses exclusively on Bitcoin, allowing users to buy, hold, and manage BTC with a simple, mobile-first interface. Neverless is regulated by BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht) as an EU-licensed Crypto Asset Service Provider (CASP).
All Bitcoin transactions executed through your Neverless account generate taxable events. Whether you buy Bitcoin via a savings plan, sell it for euros, or receive sats as a reward, each event must be considered for your tax return.
CoinTracking supports Neverless via CSV import:
- Open the Neverless app and navigate to your transactions list
- Tap the download icon in the top right corner
- Select your date range and save the CSV file
- Search for "Neverless" in CoinTracking and upload the file
Crypto Tax Basics: What Neverless Users Need to Know
Neverless serves Bitcoin users primarily in Germany and across the EU. As a BaFin-regulated exchange, it operates within a framework of growing tax transparency requirements. The core 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 EU countries, selling or otherwise disposing of Bitcoin triggers capital gains tax. The gain or loss equals the difference between your proceeds and your cost basis (what you originally paid, including fees). In Germany, gains from Bitcoin held less than one year are taxed at your personal income tax rate; gains from Bitcoin held longer than one year are completely tax-free.
DAC8 and EU reporting requirements
Neverless is a BaFin-regulated CASP subject to the EU DAC8 directive. Under DAC8, EU crypto platforms are required to report user transaction data — including purchase and sale amounts — to national tax authorities. This means your Neverless Bitcoin history will be increasingly visible to your country's tax office. Ensuring your declared income matches what Neverless reports is critical.
Savings plans and regular Bitcoin purchases
Neverless is designed for Bitcoin savings plans — regular automated purchases. Each instalment creates its own cost basis entry, and the one-year holding period clock starts from each individual purchase date. CoinTracking tracks every purchase separately using FIFO, ensuring accurate holding-period calculations across all your Neverless savings plan entries.
Neverless Taxes by Country
Crypto tax rules differ across Europe. Below are the key rates, deadlines and rules for the countries where CoinTracking users trade most actively.
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
- Cost basis: FIFO per wallet
- Authority: Finanzamt
- Forms: Anlage SO
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 tax-free: Private capital gains are generally not taxed in Switzerland for individual investors
- Wealth tax: Crypto holdings are subject to cantonal wealth tax based on year-end market value
- Professional traders: If classified as professional, gains are subject to income tax
- Authority: Cantonal tax authority (ESTV)
Netherlands
- Box 3 wealth tax: Crypto is taxed as notional capital income under Box 3
- No capital gains tax on disposal: Unlike Germany, the Netherlands does not impose CGT on individual crypto trades
- Box 1 for professional traders: Professional trading income may be taxed at progressive rates up to 49.5%
- Authority: Belastingdienst
- Form: IB (Inkomstenbelasting) annual return
France
- Flat 30% tax (PFU): Gains from crypto disposals are subject to prélèvement forfaitaire unique — 12.8% income tax + 17.2% social charges
- No exemption for holding period: Unlike Germany, there is no tax-free threshold after 1 year
- Authority: DGFiP. Declare via Formulaire 2086
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
- Authority: Agencia Tributaria (AEAT)
- Forms: Modelo 100 (IRPF), Modelo 721
Italy
- Flat rate: 26% on gains exceeding €2,000/year (from 2023)
- Foreign holdings disclosure: Quadro RW required if portfolio exceeds €15,000
- Authority: Agenzia delle Entrate
- Forms: Quadro RT (gains), Quadro RW (foreign holdings)
Poland
- Flat rate: 19% on all crypto gains (no holding period exemption)
- Loss carryforward: Up to 5 years
- Cost basis: FIFO
- Authority: Urząd Skarbowy
- Form: PIT-38
United Kingdom
- Capital Gains Tax: 18% (basic rate) or 24% (higher rate) from October 2024
- Annual exempt amount: £3,000 (2024/25 onward)
- Cost basis: Section 104 pool (HMRC rules)
- Authority: HMRC
- Forms: Self Assessment SA100, SA108
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 Neverless Transactions Taxable?
In most EU jurisdictions, disposing of Bitcoin triggers capital gains tax. Use this as a starting reference — exact rules vary by country.
Taxable Events
- Selling Bitcoin for fiat (EUR, USD, etc.)
- Swapping Bitcoin for another cryptocurrency
- Using Bitcoin to pay for goods or services
- Bitcoin rewards and bonuses received
Not Taxable
- Buying and holding Bitcoin
- Transferring Bitcoin between your own wallets
- Depositing fiat to Neverless
- Receiving Bitcoin as a personal gift
Tax treatment varies by country. CoinTracking applies the rules for your selected jurisdiction automatically.
How to Calculate Your Neverless Taxes
Bitcoin savings plans on Neverless create multiple cost basis entries — one for each purchase. Calculating holding periods and gains for every instalment manually is time-consuming and error-prone without dedicated software.
CoinTracking imports your complete Neverless transaction history via CSV export, applies FIFO cost-basis calculation, tracks the one-year holding period for each purchase individually, and generates an Anlage SO report ready for your Finanzamt.
The result is a jurisdiction-specific tax report — PDF or Excel — that your accountant or tax authority will accept, with a full audit trail for every transaction.
How to Import Neverless into CoinTracking
Three steps to import your Neverless data 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 Neverless in the import list
Type "Neverless" in the search field. CoinTracking will show the Neverless import option — click it to open the import page.
- 3
Upload your Neverless CSV export
In the Neverless app, go to your transactions list and tap the download icon. Select your date range, save the CSV, and upload it on the CoinTracking Neverless import page. All transactions are imported automatically.
"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 Neverless
Tax Report with CoinTracking
Three steps from CSV export to a tax report your accountant will accept.
Export and import your Neverless data
In the Neverless app, go to your transactions list and tap the download icon. Save the CSV and search for "Neverless" in CoinTracking's import section. Upload the file — all Bitcoin transactions are processed automatically.
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 with Anlage SO for Germany, ready to file or hand to your accountant.
No. Neverless does not generate a ready-to-file tax report. It allows you to export your transaction history as a CSV file directly from the app. You can upload that CSV into CoinTracking, which then calculates your gains, losses, and income and generates a compliant tax report for your jurisdiction — including Anlage SO for Germany.
Open the Neverless app and navigate to your transactions list. Tap the download icon in the top right corner, select your preferred date range, and save the CSV file. Then open CoinTracking, go to the Import section, search for "Neverless", and upload the file. Your full Bitcoin transaction history is processed automatically.
Yes. In Germany, gains from selling or disposing of Bitcoin held for less than one year are taxable as private sales transactions under § 23 EStG at your personal income tax rate. If you hold Bitcoin for more than one year, gains are completely tax-free. Annual gains up to €1,000 are exempt — but once exceeded, the full amount becomes taxable. CoinTracking calculates your Neverless holding periods and gains automatically using FIFO.
DAC8 is an EU directive that requires licensed crypto platforms (CASPs) to automatically report user transaction data to national tax authorities. Neverless is licensed by BaFin as a German CASP, making it subject to DAC8 reporting requirements. Your Bitcoin purchase and sale history on Neverless will be increasingly visible to your tax authority — making accurate voluntary disclosure more important than ever.
As a BaFin-regulated CASP, Neverless is subject to the DAC8 reporting framework, which requires EU crypto platforms to share user transaction data with national tax authorities. While reporting timelines and thresholds are determined by individual EU member states, the trend is toward greater automatic information exchange. You remain personally responsible for declaring your gains and income from Neverless in your annual tax return.
CoinTracking supports the Neverless CSV format directly, so importing is straightforward. Once your Bitcoin transactions are in, CoinTracking calculates gains and losses using FIFO (the method recognised by German tax law), generates the Anlage SO report for your Finanzamt, and maintains a full audit trail. Whether you bought Bitcoin once or dozens of times, CoinTracking turns your Neverless export into a tax report ready for your accountant or tax office.
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