Northcrypto Taxes: How to Import Your Transactions & Generate Your Tax Report
Northcrypto is a Finnish crypto exchange regulated by the Finnish Financial Supervisory Authority (Finanssivalvonta). As an EU-regulated CASP, it reports user transaction data to tax authorities under the DAC8 directive from 2026. CoinTracking imports your Northcrypto history via CSV or API, calculates your gains, losses and income, and generates a fully compliant tax report ready to file.
How to Import Your Northcrypto Transactions into CoinTracking
Watch how to connect Northcrypto to CoinTracking via CSV or API and generate your complete crypto tax report — accurate, compliant and ready to file.
Start Your Free Northcrypto Import- Every crypto trade, disposal and income event on Northcrypto is a taxable event in Finland and most other countries. Capital gains tax applies to the difference between your selling price and your original acquisition cost.
- CoinTracking imports Northcrypto transactions via CSV export and direct API connection. Both methods are supported — choose whichever fits your workflow.
- Transferring crypto between your own wallets is generally not a taxable event. Only buying, selling or disposing of assets triggers a tax obligation.
- Northcrypto is EU-regulated and subject to DAC8. From 1 January 2026, Northcrypto is required to automatically report your transaction data — including trade volumes and proceeds — to the Finnish Tax Administration (Verohallinto). This data will be cross-checked against your tax return. Filing accurately has never been more important.
Northcrypto and Your EU Tax Obligations
Northcrypto is a Finnish cryptocurrency exchange founded in 2018 and regulated by the Finnish Financial Supervisory Authority (Finanssivalvonta — FIN-FSA). It offers spot trading, staking, and a range of digital asset services primarily for Finnish and EU-based customers.
As a registered VASP and EU-regulated CASP, Northcrypto must comply with the DAC8 directive, which requires automatic exchange of crypto transaction data between EU tax authorities from 2026. This means the Finnish Tax Administration will receive your Northcrypto trading data automatically — and will compare it against your self-reported income.
CoinTracking makes it easy to stay ahead:
- CSV import: download your Northcrypto transaction history and upload it to CoinTracking
- API import: connect directly to Northcrypto for automatic transaction sync
- Gain/loss calculations using FIFO (the Finnish standard) or alternative methods
- Generated tax reports for Finland, Germany, Austria, the UK, and 100+ other jurisdictions
Crypto Tax Basics for Northcrypto Users
Northcrypto is primarily used by Finnish and EU-based traders. Below is an overview of the key tax rules that apply in Finland and across the EU — and what the DAC8 reporting mandate means for you.
Finnish crypto tax rules
In Finland, crypto gains are treated as capital income (pääomatulo) and taxed at 30% for amounts up to €30,000 per year, and 34% above that threshold. There is no holding-period exemption: assets held for more than one year are still taxed at the same rates. The FIFO method is required, meaning the first asset you bought is considered the first sold for cost-basis calculation. Losses from crypto can be offset against other capital gains within the same tax year.
DAC8: what Northcrypto reports about you
Under the EU DAC8 directive (effective from 1 January 2026), Northcrypto must collect and transmit the following data to the Finnish Tax Administration for each user: name, address, tax identification number (TIN), total proceeds from crypto disposals, type and quantity of assets traded, and transaction dates. This data is then shared automatically with tax authorities in other EU member states where users are resident.
What this means for you
If you have not accurately declared your Northcrypto trades in your tax return, the Finnish Tax Administration will detect discrepancies when it receives Northcrypto's DAC8 report. Penalties for underreporting can be significant. Using CoinTracking to import your full Northcrypto history — and generate a complete, accurate tax report — is the most reliable way to ensure your return matches what Northcrypto reports to the tax authorities.
Northcrypto Taxes by Country
Northcrypto is primarily used by EU customers. Below are the key crypto tax rates and rules for the most common user countries.
Finland
- Capital income tax: 30% on gains up to €30,000/year; 34% above that
- No holding-period exemption: All gains taxed regardless of how long assets were held
- Cost basis: FIFO required
- Losses: Offsettable against capital gains in the same year
- DAC8: Northcrypto reports your transaction data to Verohallinto from 2026
- Authority: Finnish Tax Administration (Verohallinto)
Germany
- Holding-period rule (§ 23 EStG): Tax-free if held over 1 year; taxed at personal rate (up to 45%) if sold within 1 year
- Annual exemption: €1,000/year in private disposal gains
- Cost basis: FIFO per wallet
- Forms: Anlage SO
- DAC8: EU partner states share data with German Finanzamt
Sweden
- Capital gains tax: 30% on crypto gains (no holding-period exemption)
- Cost basis: Average cost (genomsnittsmetoden)
- Losses: 70% of capital losses are deductible against gains
- Authority: Swedish Tax Agency (Skatteverket)
Norway
- Capital income tax: 22% flat rate on crypto gains
- Cost basis: FIFO
- Authority: Norwegian Tax Administration (Skatteetaten)
Denmark
- Personal income tax: Crypto gains typically taxed as personal income at up to 55%
- Authority: Danish Tax Agency (Skattestyrelsen)
Estonia
- Income tax: 20% flat rate on crypto gains
- DAC8: EU-regulated CASPs report to Estonian Tax Board (EMTA)
- Authority: Estonian Tax and Customs Board (EMTA)
Netherlands
- Wealth tax (Box 3): Crypto holdings declared as assets; effective tax rate approximately 1.2–2% of the year-end value
- No capital gains tax: Realised gains are not separately taxed for private investors
- Authority: Dutch Tax Administration (Belastingdienst)
Belgium
- Speculation tax: 33% on gains from speculative crypto trading
- Casual investors: May qualify for a lower "miscellaneous income" rate; active traders may be treated as professional income
- Authority: Belgian Federal Public Service Finance (SPF Finances)
France
- Flat 30% tax (PFU): 12.8% income tax + 17.2% social charges on gains from crypto disposals
- Authority: 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 Northcrypto Transactions Taxable?
In most jurisdictions, every trade and disposal on Northcrypto triggers capital gains tax. Use this as a starting reference — exact rules vary by country.
Taxable Events
- Selling crypto for fiat (EUR, etc.)
- Trading one crypto for another (e.g. BTC → ETH)
- Spending crypto on goods or services
- Receiving staking or interest rewards (typically as income)
Not Taxable
- Buying crypto with fiat
- Transferring crypto between your own wallets
- Holding crypto (no disposal)
- Depositing or withdrawing between personal accounts
Tax treatment varies by country. CoinTracking applies the rules for your selected jurisdiction automatically.
How to Calculate Your Northcrypto Taxes
Northcrypto users who trade actively may accumulate hundreds of transactions per year — each requiring accurate cost-basis tracking, FIFO calculation, and income classification for staking rewards. Calculating this manually is time-consuming and error-prone.
CoinTracking imports your complete Northcrypto history via CSV or API, applies FIFO (or your chosen method), calculates gains and losses for every disposal, correctly classifies staking income, and produces a jurisdiction-specific tax report ready for your Finnish tax return or the returns of any other supported country.
With DAC8 enforcement live from 2026, the Finnish Tax Administration will receive your Northcrypto data directly. CoinTracking ensures your self-reported figures match exactly — eliminating any discrepancy before it becomes a problem.
How to Import Northcrypto into CoinTracking
Three steps to import your Northcrypto transactions 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 Northcrypto in the import list
Type "Northcrypto" in the search field. CoinTracking will show the Northcrypto import option — select it to see both CSV and API import methods.
- 3
Upload your Northcrypto CSV or connect via API
Choose your preferred method: upload a CSV export downloaded from your Northcrypto account, or enter your Northcrypto API key for automatic synchronisation. All your trades, deposits, withdrawals and staking rewards will be imported.
"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 Northcrypto
Tax Report with CoinTracking
Three steps from Northcrypto to a tax report your accountant will accept.
Import your Northcrypto transactions
Connect Northcrypto to CoinTracking via CSV upload or direct API. All trades, deposits, withdrawals and staking rewards are imported automatically.
Review your transactions
Open Reports → Validate Transactions. CoinTracking flags missing cost basis entries, duplicate imports and price gaps so your final report is fully accurate.
Generate and export your tax report
Select your country and tax year. CoinTracking generates a report formatted for your jurisdiction — PDF or Excel — matching what Northcrypto reports to tax authorities under DAC8.
Northcrypto does not generate a ready-to-file tax report. It provides a transaction history export (CSV) that you can download from your account. CoinTracking imports that data, calculates your gains, losses and income, and generates a jurisdiction-specific tax report ready for your accountant or tax authority.
Yes. Northcrypto is regulated by the Finnish Financial Supervisory Authority (Finanssivalvonta) and is classified as an EU crypto-asset service provider (CASP). Under the EU DAC8 directive, from 1 January 2026 Northcrypto is required to report transaction data — including trade amounts, proceeds and user identification — to Finnish tax authorities, who then share this with other EU member state tax authorities. You should file your own tax returns accurately, as the data Northcrypto reports will be cross-referenced with your declared income.
CoinTracking supports two import methods for Northcrypto: CSV export (download your transaction history from Northcrypto and upload it to CoinTracking) and direct API connection (connect via API key for automatic synchronisation). For a step-by-step guide, see the How to Import section on this page.
Yes. In Finland, profits from cryptocurrency trades are subject to capital gains tax. The gain is the difference between the sale price and the original acquisition cost (including applicable fees). Short-term gains are taxed as capital income at 30%, or 34% for capital income exceeding €30,000 per year. Finland does not have a general holding-period exemption for crypto. The Finnish Tax Administration (Verohallinto) has issued detailed guidance on crypto taxation.
The Finnish Tax Administration requires the FIFO (First In, First Out) method for calculating crypto gains. CoinTracking applies FIFO by default and generates a report suitable for your Finnish tax return. Transaction fees paid on Northcrypto can generally be added to your acquisition cost, reducing your taxable gain.
Yes. CoinTracking supports both methods. The CSV import is suitable if you prefer manual control: download your Northcrypto transaction history and upload it to CoinTracking. The API import connects directly to Northcrypto and syncs your trades, deposits, withdrawals and other transactions automatically. Both methods are available under the CoinTracking Import section.
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