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Swissquote Tax Guide ยท Swiss Bank & Crypto Broker

Swissquote Taxes: How to Import Your Crypto Transactions & Generate Your Tax Report

Swissquote is a Swiss bank and full-service broker offering Bitcoin and crypto trading alongside traditional financial assets. Every crypto trade or disposal on Swissquote is a potential taxable event. CoinTracking imports your full Swissquote crypto transaction history via CSV and generates a jurisdiction-specific tax report covering all trades, disposals and transfers.

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CSV โ€” step-by-step Swissquote import tutorial

How to Import Your Swissquote Transactions into CoinTracking

Watch how to export your Swissquote crypto transaction history as a CSV and import it into CoinTracking to generate your complete crypto tax report.

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Swissquote Tax at a Glance

Last updated: June 2026
  • Every crypto trade and disposal on Swissquote is a potential taxable event in the year it occurs (in most jurisdictions outside Switzerland). Buying crypto with fiat creates cost basis but is not itself taxable. Tax compliance is your personal responsibility.
  • CoinTracking supports Swissquote CSV import. Export your crypto transaction history from your Swissquote account and upload it to CoinTracking. All crypto trades, disposals and transfers are supported.
  • Buying crypto with fiat via Swissquote, depositing fiat to Swissquote, and holding crypto in Swissquote are generally not taxable events. Only disposals โ€” selling or trading crypto โ€” trigger a tax obligation in most jurisdictions.
  • Tax compliance is your responsibility. Swissquote is a Swiss bank regulated by FINMA and is not an EU-regulated CASP subject to DAC8. Your tax authority will not receive automatic reports from Swissquote for your crypto activity. You are required to report all taxable gains and income from your Swissquote crypto activity in your annual tax return.

Swissquote and Your Crypto Tax Obligations

Swissquote was founded in 1996 and is headquartered in Gland, Switzerland. It is one of Europe's leading online banks and trading platforms, regulated by FINMA (the Swiss Financial Market Supervisory Authority) and listed on the SIX Swiss Exchange. Since 2017, Swissquote has offered Bitcoin and cryptocurrency trading alongside traditional securities, making it particularly popular with Swiss and European investors who want regulated access to crypto within their existing banking relationship.

As a Swiss bank regulated by FINMA, Swissquote is not subject to EU DAC8 reporting obligations. This means your tax authority will not receive automatic reports of your Swissquote crypto activity โ€” you are responsible for declaring all taxable events in your annual tax return.

Swissquote crypto users need to account for:

  • Crypto purchases with fiat (not taxable, but create acquisition records with cost basis at the market price on that date)
  • Selling crypto for fiat (taxable disposals in most jurisdictions)
  • Crypto-to-crypto trades (taxable disposals of the sold asset in most jurisdictions)
  • Crypto lending or staking income if offered (taxable income at FMV on receipt date)
Swissquote tax obligations illustration

Crypto Tax Basics for Swissquote Users

Swissquote is particularly popular with Swiss, German, and broader European investors who want regulated banking-grade access to crypto. Here are the key tax rules that apply to Swissquote crypto activity across the most common jurisdictions.

Buying crypto is not a taxable event โ€” but creates cost basis

Purchasing cryptocurrency with fiat currency via Swissquote is not itself a taxable event in most jurisdictions. However, every purchase creates an acquisition record with a cost basis set at the market price on that date. This cost basis determines your taxable gain or loss when you eventually sell or trade that crypto.

Selling or trading crypto is a taxable disposal

Selling cryptocurrency for fiat on Swissquote, or swapping one cryptocurrency for another, is treated as a disposal of the sold asset in most jurisdictions outside Switzerland. The taxable gain or loss equals the difference between the fair market value of the asset at the time of the trade and your original acquisition cost. CoinTracking calculates the correct gain or loss for every Swissquote trade using your chosen cost-basis method.

Switzerland: generally no capital gains tax for private investors

Swiss residents who hold crypto as private assets are generally not subject to capital gains tax on crypto disposals under Swiss law, provided they are not classified as professional traders. However, crypto wealth is subject to annual Swiss wealth tax, and any yield or interest income from crypto products may be subject to income tax. Rules can be complex โ€” always verify with a qualified Swiss tax advisor.

Germany: one-year holding period and FIFO

Under ยง 23 EStG, crypto gains in Germany are taxed at your personal income tax rate (up to 45% plus solidarity surcharge) if the asset is sold or traded within one year of acquisition. If held for more than one year, gains are tax-free. The cost basis must be calculated using FIFO per wallet. CoinTracking applies this automatically to all your Swissquote transactions. The annual exemption is โ‚ฌ1,000.

DAC8 is not applicable to Swissquote

The EU DAC8 directive requires EU-regulated crypto-asset service providers (CASPs) to automatically report transaction data to EU tax authorities from 1 January 2026. Swissquote is a Swiss bank regulated by FINMA under Swiss law, not by EU authorities under MiCAR. It is not subject to DAC8. Users in the EU or elsewhere must self-report all Swissquote crypto activity โ€” it will not be reported on their behalf.

This article is for general information only and does not constitute tax or legal advice. For your specific situation, consult a qualified tax advisor.

Swissquote Taxes by Country

Key crypto tax rules for countries where Swissquote is most commonly used. Select your country for specific rates and requirements.

Switzerland flag Switzerland
  • Capital gains: Generally no capital gains tax on private crypto assets for non-professional traders
  • Wealth tax: Crypto holdings declared at year-end value and subject to cantonal wealth tax
  • Crypto income: Any interest, staking or lending income from crypto products is taxable as income
  • Professional traders: May be subject to income tax on all trading gains
  • Authority: ESTV / Cantonal tax authorities
Germany flag Germany
  • ยง 23 EStG: Crypto gains taxed at personal rate (up to 45%) if sold/traded within 1 year of purchase; tax-free if held over 1 year
  • Annual exemption: โ‚ฌ1,000/year in private disposal gains
  • Cost basis: FIFO per wallet
  • Forms: Anlage SO
United Kingdom flag United Kingdom
  • Capital Gains Tax: 18% (basic) / 24% (higher) from October 2024
  • Annual exempt amount: ยฃ3,000 (2024/25)
  • Cost basis: Section 104 pooling (HMRC)
  • Authority: HMRC
France flag France
  • Flat tax (PFU): 30% flat tax on crypto disposals to fiat (12.8% income tax + 17.2% social charges)
  • Crypto-to-crypto: Not taxable until conversion to fiat under current French rules
  • Authority: DGFiP
Australia flag Australia
  • Capital Gains Tax: Crypto disposals are CGT events; 50% CGT discount for assets held >12 months
  • Cost basis: Cost base at time of acquisition; FIFO commonly applied
  • Authority: ATO (Australian Taxation Office)

Tax rules change frequently. This overview is for general information only. Consult a qualified advisor for your specific situation.

Are Swissquote Transactions Taxable?

In most jurisdictions outside Switzerland, selling or trading crypto on Swissquote is a taxable event. Use this as a starting reference โ€” exact rules vary by country.

Taxable

Taxable Events

  • Selling crypto for fiat on Swissquote
  • Crypto-to-crypto trades (each is a disposal of the sold asset)
  • Crypto interest or lending income received (income at FMV)
  • Receiving crypto as a reward or incentive
Not taxable

Not Taxable

  • Buying crypto with fiat via Swissquote
  • Depositing fiat to Swissquote
  • Transferring crypto between your own wallets
  • Holding crypto in Swissquote

Tax treatment varies by country. Swiss private investors generally are not subject to capital gains tax. Always verify with a qualified advisor for your specific situation.

How to Calculate Your Swissquote Taxes

Swissquote users who actively trade crypto can accumulate many transactions throughout the year, each with a different acquisition price and holding period. Manually tracking FIFO cost basis across multiple crypto assets โ€” especially for users who also hold crypto on other platforms โ€” is time-consuming and error-prone.

CoinTracking imports your full Swissquote crypto transaction history from your CSV export, assigns the correct acquisition date and market price to every purchase, and applies your chosen cost-basis method (FIFO, LIFO, HIFO). It then generates a jurisdiction-specific tax report โ€” ready for your accountant or tax authority in Germany, the UK, France, Switzerland, Australia and beyond.

Swissquote tax calculator illustration

How to Import Swissquote into CoinTracking

Three steps to import your Swissquote data and generate your tax report via CSV.

  1. 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 exchanges, wallets and blockchains. Search for Swissquote to start.

    CoinTracking Dashboard with the Import icon highlighted
  2. 2

    Download your Swissquote CSV and upload it

    Log into your Swissquote account, navigate to your transaction history and export your crypto transactions as a CSV file. In CoinTracking, search for Swissquote in the import search and upload the CSV. All crypto trades, disposals and transfers will be imported.

    CoinTracking Swissquote CSV import search
  3. 3

    Review transactions and generate your tax report

    Once your Swissquote data is imported, validate the transactions and generate a tax report for your jurisdiction. CoinTracking calculates capital gains, income and losses, and formats the output for your country, ready for your accountant or tax return.

    CoinTracking tax report generation for Swissquote transactions
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How to Create Your Swissquote
Tax Report with CoinTracking

Three steps from Swissquote CSV to a tax report your accountant will accept.

Import Swissquote data icon
Step 1

Import your Swissquote transactions

Download your crypto transaction history CSV from your Swissquote account and upload it to CoinTracking. All crypto trades, disposals and transfers are imported.

Review transactions icon
Step 2

Review and validate your transactions

Open Reports โ†’ Validate Transactions. CoinTracking flags missing cost basis, missing prices and unresolved transfers so you can correct them before generating your report.

Generate Swissquote tax report icon
Step 3

Generate your Swissquote tax report

Select your country and tax year. CoinTracking generates a jurisdiction-specific tax report in PDF or Excel format, covering all Swissquote gains, losses and income โ€” ready to file or hand to your accountant.

Frequently Asked Questions About Swissquote Taxes

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No โ€” Swissquote provides a transaction history export in CSV format. CoinTracking imports this and generates your full tax report, including capital gains tracking across all crypto trades and disposals.

Log into your Swissquote account, navigate to your account statements or transaction history section, and export your crypto transaction history as a CSV file. Then upload it to CoinTracking using the import search.

In most jurisdictions outside Switzerland, yes โ€” swapping one cryptocurrency for another is treated as a disposal of the sold asset and an acquisition of the bought asset. The taxable gain equals the fair market value of the disposed asset at the time of the trade minus your original acquisition cost. In Switzerland, private investors are generally not subject to capital gains tax on such trades, but verify with a Swiss tax advisor.

Swissquote is a Swiss bank regulated by FINMA. It is not subject to EU DAC8 reporting obligations. This means your tax authority will not receive automatic reports of your Swissquote crypto activity โ€” you are responsible for declaring all taxable events in your annual tax return.

Germany: FIFO per wallet (ยง 23 EStG). UK: Section 104 pooling (HMRC). Switzerland: generally no capital gains tax on private crypto assets, but income from staking or lending may be taxable. CoinTracking supports FIFO, LIFO, HIFO and all major methods.

CoinTracking focuses on crypto transactions. When you export your Swissquote transaction history, filter for or select only crypto-related transactions before uploading to CoinTracking. Stock and ETF transactions are outside CoinTracking's scope.

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