Pacifica Taxes: How to Import Historical Data & Generate Your Tax Report
Pacifica was a cryptocurrency exchange that is no longer accessible. Its closure does not erase your tax obligations โ every trade you made on the platform was a taxable event in the year it occurred. CoinTracking imports your historical Pacifica data and generates a tax report ready for your accountant or tax authority, covering any outstanding prior-year liability.
How to Import Your Pacifica Transactions into CoinTracking
Watch how to upload your historical Pacifica trading data into CoinTracking and generate your complete crypto tax report โ even for a closed exchange.
Start Your Free Pacifica Import- Every crypto trade and disposal made on Pacifica was a taxable event. Capital gains tax obligations remain in force for all relevant prior tax years โ the platform becoming inaccessible does not change this.
- CoinTracking can import historical Pacifica trading data from a CSV export if you saved one while the platform was active. Manual entry is also available for reconstructed records.
- Transferring crypto between your own wallets is generally not a taxable event. Only crypto disposals โ selling, trading or spending โ trigger a tax obligation.
- Pacifica has been closed. You can still import historical data if you have a CSV export. Your tax obligations for trades made on Pacifica remain in effect โ all gains and income from prior years must be declared. If you have not yet filed, consider a voluntary disclosure to your tax authority.
Pacifica and Your Crypto Tax Obligations
Pacifica was a cryptocurrency exchange that provided trading services for digital assets. The platform is no longer accessible, with its domain unreachable. Despite the platform becoming unavailable, the tax obligations arising from trades made during its active period remain legally in force.
Tax authorities in most countries require traders to declare all crypto disposals in their annual returns for the relevant tax years โ regardless of whether the exchange is still operating. Failure to declare historical gains can result in penalties, interest charges, and in serious cases, criminal liability for tax evasion.
If you have historical Pacifica data:
- Upload any saved CSV export to CoinTracking using the import search
- Use CoinTracking\'s manual entry for records reconstructed from emails or screenshots
- Generate back-tax reports for any prior year to address outstanding obligations
- CoinTracking supports FIFO, LIFO, HIFO and other methods for historical trades
Crypto Tax Basics for Former Pacifica Traders
Pacifica has become inaccessible, but your tax obligations from its active years cover multiple prior tax filings. Here is what former Pacifica users need to know about their ongoing crypto tax obligations.
Trades are taxable in the year they occur
In most jurisdictions, a crypto disposal is taxable in the year it occurred โ not when you first realise or report the gain. Trades made on Pacifica are subject to the tax rules of the years in which they happened. Waiting to declare does not eliminate the obligation; it can increase it due to interest and late-filing penalties.
Voluntary disclosure reduces penalties
If you have undeclared Pacifica activity from prior years, most tax authorities offer a voluntary disclosure programme. In Germany, this is the Selbstanzeige (ยง 371 AO); in the UK, the HMRC Voluntary Disclosure process; in the US, the IRS Voluntary Disclosure Program. Proactively disclosing is almost always preferable to being identified in an audit.
Record-keeping obligations
Tax authorities typically require crypto traders to retain records for 5 to 10 years. If you no longer have your Pacifica transaction history, document whatever evidence you do have. CoinTracking\'s manual entry feature allows you to reconstruct trades from partial records, and the resulting report can serve as your best-available-information filing.
Pacifica Taxes by Country
Crypto tax rules vary significantly by jurisdiction. Below are the key rules for countries where CoinTracking users commonly traded on smaller exchanges.
Germany
- ยง 23 EStG: Gains taxed at personal rate (up to 45%) if sold within 1 year; tax-free if held over 1 year
- Annual exemption: โฌ1,000/year in private disposal gains
- Cost basis: FIFO per wallet
- Voluntary disclosure: Selbstanzeige (ยง 371 AO)
- Forms: Anlage SO
Austria
- 27.5% KeSt: For crypto acquired after 28 Feb 2021; flat rate on disposal
- Pre-2021 assets: May be treated differently โ seek professional advice
- Authority: Finanzamt Austria
United Kingdom
- Capital Gains Tax: 18% (basic rate) / 24% (higher rate) from October 2024
- Annual exempt amount: ยฃ3,000 (2024/25 onward)
- Cost basis: Section 104 pooling (HMRC)
- Authority: HMRC
United States
- Short-term gains: Ordinary income tax rates (up to 37%) for crypto held โค1 year
- Long-term gains: 0%, 15% or 20% for crypto held >1 year
- Cost basis: FIFO or specific identification
- Authority: IRS
Switzerland
- Capital gains: Generally tax-free for private investors; professional traders taxed as self-employed
- Wealth tax: Crypto holdings subject to cantonal wealth tax at year-end value
- Authority: Cantonal tax authority
France
- PFU 30%: 12.8% income tax + 17.2% social charges on crypto gains
- Authority: DGFiP. Formulaire 2086.
Netherlands
- Box 3 wealth tax: Crypto declared as assets; effective rate ~1.2โ2% of year-end value
- No realised capital gains tax for private investors
- Authority: Belastingdienst
Poland
- Flat 19%: On all crypto gains (no holding-period exemption)
- Authority: Urzฤ d Skarbowy. Form PIT-38.
Spain
- IRPF savings income: 19%โ28% on crypto gains (graduated rates)
- Authority: Agencia Tributaria (AEAT)
Tax rules change frequently and vary by the year in question. This overview is for general information only. Consult a qualified advisor for your specific situation.
Are Pacifica Transactions Taxable?
In most jurisdictions, every crypto trade on Pacifica was a taxable event in the year it occurred. Use this as a starting reference โ exact rules vary by country and year.
Taxable Events
- Selling crypto for fiat on Pacifica
- Trading one crypto for another (any pair)
- Spending crypto on goods or services
- Any crypto disposal (sale, trade, or use)
Not Taxable
- Depositing crypto to Pacifica from your own wallet
- Withdrawing crypto back to your own wallet
- Holding crypto in your Pacifica account
- Transfers between your own wallets
Tax treatment varies by country and by the tax year in which the trade occurred.
How to Calculate Your Pacifica Taxes
Former Pacifica traders who made multiple trades may have complex cost-basis chains that are difficult to unwind manually โ especially years after the fact. Accurate calculation requires knowing the market price of each asset at the time of every trade.
CoinTracking imports your historical Pacifica data, applies your chosen cost-basis method (FIFO, LIFO, HIFO), draws on its historical price database to fill any missing market prices, and generates a complete tax report for the relevant years. The result is a jurisdiction-specific report ready for your accountant โ covering any historical liability from your Pacifica trading activity.
How to Import Pacifica into CoinTracking
Three steps to import your historical Pacifica 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 add all your historical exchange data, wallets and blockchains.
- 2
Search for Pacifica or use CSV import
Type "Pacifica" in the import search. If a direct match is available, select it. Otherwise, use the CSV import to upload any transaction export you saved from Pacifica. CoinTracking supports a wide range of legacy CSV formats from closed exchanges.
- 3
Review and generate your back-tax report
Once your historical Pacifica data is imported, validate the transactions and generate a tax report for the relevant prior years. CoinTracking calculates gains and losses using FIFO (or your chosen method) and formats the report for your jurisdiction.
"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 Pacifica
Tax Report with CoinTracking
Three steps from historical CSV to a tax report your accountant will accept.
Import your historical Pacifica data
Upload any saved Pacifica CSV to CoinTracking or use manual entry for reconstructed records. All historical crypto trades and transfers are supported.
Review and validate your transactions
Open Reports โ Validate Transactions. CoinTracking flags missing cost basis, duplicate imports and price gaps โ especially important when working with historical data from a closed exchange.
Generate your back-tax report
Select your country and the relevant prior tax year. CoinTracking generates a jurisdiction-specific report in PDF or Excel format, ready to file or hand to your accountant.
No. Pacifica was a small cryptocurrency exchange that is no longer accessible. It did not generate a ready-to-file tax report. If you exported your transaction history from Pacifica while it was active, you can import that CSV into CoinTracking. CoinTracking will calculate your gains, losses and income and generate a compliant tax report for your jurisdiction.
If you saved a transaction history export from Pacifica before the platform became inaccessible, you can upload it to CoinTracking using the import search. CoinTracking supports a range of CSV formats from legacy exchanges. If you do not have a saved export, any records you retained โ emails, screenshots, trade confirmations โ can be used to reconstruct your history via CoinTracking's manual entry feature.
Yes. Tax obligations for trades made on Pacifica remain in force regardless of whether the platform is still operating. Capital gains from crypto disposals are taxable in the year the disposal occurred. If you have unreported Pacifica activity from prior tax years, you should consider filing amended returns or a voluntary disclosure with your tax authority.
Pacifica was not an EU-regulated CASP and is no longer operating, so it is not subject to DAC8 or ongoing regulatory reporting. However, your personal tax obligations for gains and income from Pacifica activity remain fully in force regardless of the platform's closure or regulatory status.
The correct method depends on your jurisdiction. Germany requires FIFO per wallet (ยง 23 EStG); the UK uses Section 104 pooling (HMRC); in the US, FIFO or specific identification may be used. CoinTracking supports FIFO, LIFO, HIFO and other methods and applies the correct rules for your selected country. Trading fees can generally be added to your cost basis, reducing your taxable gain.
If you did not export your Pacifica data before the platform became inaccessible, check your email for trade confirmations, look for saved account statements, or try to reconstruct trades from on-chain records if the assets were settled on public blockchains. CoinTracking's manual entry tool lets you enter historical trades individually if no automated import is available.
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