Sorare Tools Taxes: How to Import Your NFT Transaction Data & Generate Your Tax Report
Sorare Tools was a third-party analytics platform for Sorare NFT card data that is no longer accessible. If you used Sorare Tools to track your NFT transactions, you can still import your Sorare transaction history directly from the main Sorare platform or via your Ethereum wallet data into CoinTracking — and generate a compliant tax report covering NFT card sales, ETH transfers and fantasy football income.
How to Import Your Sorare NFT Transactions into CoinTracking
Watch how to import your Sorare NFT transaction data into CoinTracking via Ethereum wallet import and generate your complete crypto tax report — even when the analytics tool is defunct.
Start Your Free Sorare NFT Import- Every Sorare NFT card sale and ETH disposal is a taxable event. Capital gains tax and income tax obligations remain in force for all prior tax years — the closure of Sorare Tools does not change this.
- CoinTracking can import your Sorare transaction data via Ethereum wallet import, StarkEx L2 wallet, direct Sorare export, or manual entry — no Sorare Tools access required.
- Transferring ETH or NFTs between your own wallets is generally not a taxable event. Only buying, selling, or trading crypto and NFTs constitutes a disposal triggering tax.
- Sorare Tools has been closed. You can still import your Sorare NFT transaction history via Ethereum wallet import or manual entry in CoinTracking. Your tax obligations for NFT sales and crypto income from Sorare activity remain in effect — all gains and income from prior years must be declared.
Sorare Tools, the Sorare Platform and Your Crypto Tax Obligations
Sorare is a licensed fantasy football game built on Ethereum and the StarkEx Layer 2 network. Players collect, trade and play with officially licensed NFT cards representing real-world footballers. NFT cards are bought and sold on Sorare's secondary marketplace, with prices settled in ETH.
Sorare Tools was a companion analytics site that tracked card values, portfolio performance and market data for the Sorare ecosystem. It is now inaccessible. However, the tax obligations arising from Sorare NFT card trading, ETH transfers and fantasy football prize payouts remain fully in force regardless of the analytics tool's status.
Since Sorare Tools is defunct, you should import your Sorare data via:
- Ethereum wallet import in CoinTracking — scans on-chain for all Sorare-related transactions
- StarkEx L2 wallet transactions — for activity on Sorare's Layer 2 infrastructure
- Direct Sorare export — if available from your sorare.com account history
- Manual entry — for reconstructed trades where no automated import is available
Crypto & NFT Tax Basics for Sorare Traders
Sorare NFT trading sits at the intersection of crypto tax and NFT tax rules. Here are the key principles former Sorare Tools users need to understand.
NFT sales are taxable — each Sorare card sale is a taxable disposal
When you sell a Sorare card on the secondary marketplace, you are disposing of a unique digital asset. In most jurisdictions this is a taxable capital gains event. The gain equals the ETH (or fiat equivalent) you received minus the ETH you paid when you acquired the card — converted to your local currency at the date of each transaction.
NFT card purchases create cost basis
When you buy a Sorare card using ETH, two taxable events may occur: (1) an ETH disposal (taxable in most jurisdictions), and (2) the creation of a new cost basis for the NFT card acquired. Tracking each card's individual cost basis at acquisition is essential for calculating future gains on disposal.
Fantasy football prizes in ETH or crypto are income
Prizes, rewards and bonuses paid out by Sorare in ETH or other crypto are generally treated as ordinary income in the year they are received, valued at their market price on receipt. The value at receipt also becomes your cost basis for those assets when you later dispose of them.
Transfers between own wallets are not taxable
Moving ETH or Sorare NFT cards from one wallet you own to another is not a taxable disposal. However, it is important to track these transfers accurately in CoinTracking so they are not misclassified as taxable trades.
DAC8 does not apply to Sorare Tools
Sorare is not currently an EU-regulated Crypto-Asset Service Provider (CASP) subject to the DAC8 reporting directive. Sorare Tools was a defunct third-party analytics tool — not an exchange or CASP. Your tax compliance remains your personal responsibility.
Germany: NFTs as "other economic assets" under § 23 EStG
The German Federal Ministry of Finance (BMF) letter of May 2022 clarified that NFTs are treated as "andere Wirtschaftsgüter" (other economic assets) under § 23 EStG. The same one-year holding period applies: gains from NFT cards held for over one year are tax-free; cards sold within one year of acquisition are taxable at your personal income tax rate. Gains below €1,000 per year remain within the Freigrenze exemption.
Sorare Tools Taxes by Country
Crypto and NFT tax rules vary by jurisdiction. Here are the key rates and rules for countries where Sorare trading was common.
Germany
- § 23 EStG: Gains taxed at personal income tax rate (up to 45%) if sold within 1 year; tax-free if held over 1 year
- NFTs (BMF May 2022): NFTs treated as "andere Wirtschaftsgüter" — same 1-year holding period applies; gains below €1,000/year (Freigrenze) are tax-free
- Cost basis: FIFO per wallet for fungible tokens; individual cost basis per unique NFT card
- Fantasy prizes: ETH/crypto prizes treated as sonstige Einkünfte (other income) in the year received
- Forms: Anlage SO
United Kingdom
- Capital Gains Tax: 18% (basic rate) / 24% (higher rate) from October 2024
- Annual exempt amount: £3,000 (2024/25 onward)
- NFTs: HMRC treats NFTs as cryptoassets subject to CGT; each NFT card has its own pooled cost
- Cost basis: Section 104 pooling for fungible tokens; individual identification for unique NFTs
- Authority: HMRC
France
- PFU 30%: 12.8% income tax + 17.2% social charges on crypto/NFT disposal gains
- NFTs: May be treated as biens meubles incorporels or under digital assets rules — consult an advisor
- Authority: DGFiP. Formulaire 2086 for crypto disposals.
Netherlands
- Box 3 wealth tax: Crypto and NFT holdings declared as assets; effective rate ~1.2–2% of year-end value
- No realised capital gains tax for private investors
- Authority: Belastingdienst
Ireland
- Capital Gains Tax: 33% on crypto and NFT disposal gains
- Annual exemption: €1,270 annual CGT exemption per individual
- Cost basis: First In, First Out (FIFO)
- Authority: Revenue Commissioners
- Forms: CG1 / Form 11
United States
- Short-term gains: Ordinary income tax rates (up to 37%) for assets held ≤1 year
- Long-term gains: 0%, 15% or 20% for assets held >1 year
- NFTs: IRS treats NFTs as property; each sale is a taxable event with its own cost basis
- Cost basis: FIFO or specific identification
- Authority: IRS. Form 8949 / Schedule D.
Tax rules change frequently. This overview is for general information only. Consult a qualified advisor for your specific situation.
Are Sorare Transactions Taxable?
In most jurisdictions, selling NFT cards, buying cards with ETH, and receiving prizes are all taxable events. Use this as a starting reference — exact rules vary by country.
Taxable Events
- Selling a Sorare card (NFT disposal)
- Buying a Sorare card with ETH (ETH disposal — taxable in most jurisdictions)
- Fantasy football prize payouts in ETH (income)
- Receiving ETH or Sorare rewards (income at market value on receipt)
Not Taxable
- Receiving a Sorare card as a reward (cost basis = FMV at receipt)
- Transferring ETH between your own wallets
- Holding Sorare cards in your account
- Moving cards between your own Ethereum wallets
Tax treatment varies by country and by the tax year in which the transaction occurred.
How to Calculate Your Sorare NFT Taxes
Calculating Sorare NFT taxes manually is complex: each card has a unique acquisition cost, ETH prices fluctuate, and transactions span both the Ethereum mainnet and StarkEx Layer 2. Without accurate historical data, it is easy to misreport gains or miss taxable income events entirely.
CoinTracking imports your Sorare transaction data via your Ethereum wallet address, applies your chosen cost-basis method (FIFO, LIFO, HIFO), matches ETH prices from its built-in historical price database, and generates a complete tax report covering NFT disposals, ETH income and fantasy prize payouts — ready for your accountant or tax authority.
How to Import Sorare NFT Data into CoinTracking
Three steps to import your Sorare transaction history and generate your NFT 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 exchange data, wallets and blockchain addresses — including Ethereum wallets linked to your Sorare account.
- 2
Add your Ethereum wallet address or upload a CSV
Enter your Ethereum wallet address to let CoinTracking automatically scan the blockchain for all Sorare-related NFT transactions. Alternatively, if you have a direct export from sorare.com, use the CSV import. Manual entry is also available for any gaps.
- 3
Review transactions and generate your NFT tax report
Once your Sorare transaction data is imported, validate the entries and generate a tax report for the relevant year. CoinTracking calculates gains on NFT disposals, income from prizes, and ETH cost basis — 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 Sorare NFT
Tax Report with CoinTracking
Three steps from Ethereum wallet import to a tax report your accountant will accept.
Import your Sorare transaction data
Connect your Ethereum wallet address in CoinTracking to automatically import all Sorare NFT trades, ETH transfers and prize payouts. CSV and manual entry also supported.
Review and validate your NFT transactions
Open Reports → Validate Transactions. CoinTracking flags missing cost basis, duplicate imports and price gaps — especially important for NFT transactions spanning Ethereum mainnet and StarkEx L2.
Generate your Sorare NFT tax report
Select your country and tax year. CoinTracking generates a jurisdiction-specific report in PDF or Excel format, covering NFT disposals, ETH income and prize payouts — ready to file or hand to your accountant.
You can import your Sorare NFT transaction history via your Ethereum wallet address in CoinTracking. CoinTracking scans the blockchain for all Sorare-related transactions. Manual entry is also available for any trades you can reconstruct from emails, screenshots or order confirmations.
Yes — each NFT card sale on Sorare's marketplace is a taxable disposal in the year it occurs. The gain is the difference between the sale price and your original acquisition cost (in the local currency at the time of each transaction). The same rules apply whether you sold the card for ETH or any other consideration.
In most jurisdictions, yes — prizes and rewards received in ETH or other crypto are treated as income at their market value when received. The market value at receipt also becomes your cost basis for any future disposal of the reward assets.
Sorare is not currently an EU-regulated CASP subject to DAC8. Sorare Tools was a defunct analytics tool and not an exchange subject to regulatory reporting. Tax compliance is your personal responsibility regardless of what the platforms report.
Yes — buying a Sorare card with ETH is an ETH disposal, which is a taxable event in most jurisdictions. You are using (disposing of) ETH to acquire an NFT. The gain or loss on that ETH disposal must be calculated based on the difference between your ETH cost basis and the ETH value at the time of the purchase.
Each NFT card is a unique asset with its own acquisition cost (the ETH or USD value you paid, at the time of purchase). When sold, the gain = sale price minus cost basis. Germany requires FIFO for fungible tokens; for unique NFTs, each card's individual cost basis is used. CoinTracking handles NFT cost basis tracking automatically.
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