Wealth99 Taxes: How to Import Your Transactions & Generate Your Tax Report
Wealth99 is an Australian crypto exchange offering spot trading across major cryptocurrencies. Every trade, disposal and income event on Wealth99 is a potential taxable event. CoinTracking imports your full Wealth99 transaction history via CSV and generates a jurisdiction-specific tax report covering all spot trades, deposits and withdrawals.
How to Import Your Wealth99 Transactions into CoinTracking
Watch how to export your Wealth99 transaction history as a CSV and import it into CoinTracking to generate your complete crypto tax report.
Start Your Free Wealth99 Import- Every crypto-to-fiat trade, crypto-to-crypto swap and withdrawal from Wealth99 is a potential taxable event in the year it occurs. Buying crypto with fiat creates cost basis but is not itself taxable. Tax compliance is your personal responsibility.
- CoinTracking supports Wealth99 CSV import. Export your transaction history from Wealth99 and upload it to CoinTracking. All spot trades, deposits and withdrawals are supported.
- Depositing fiat to Wealth99, buying cryptocurrency with fiat and holding crypto in your Wealth99 account are generally not taxable events. Only disposals โ trades, sales or outgoing transfers โ trigger a tax obligation.
- Tax compliance is your responsibility. Wealth99 is an Australian-based exchange and is not an EU-regulated CASP subject to DAC8. Your tax authority will not receive automatic reports from Wealth99 via DAC8. You are required to report all taxable gains and income from your Wealth99 activity in your annual tax return.
Wealth99 and Your Crypto Tax Obligations
Wealth99 is an Australian cryptocurrency exchange offering spot trading across major cryptocurrencies including Bitcoin, Ethereum and a range of altcoins. The platform targets retail and active traders looking for access to digital assets with a straightforward trading interface. As an Australian-based exchange, Wealth99 operates under AUSTRAC oversight in Australia.
As an Australian-based company, Wealth99 is not subject to EU DAC8 reporting obligations. This means your tax authority in the EU will not receive automatic reports of your Wealth99 activity โ you are responsible for declaring all taxable events in your annual tax return.
Wealth99 users need to account for:
- Buying cryptocurrency with fiat (not taxable but creates acquisition records with cost basis)
- Selling cryptocurrency for fiat (taxable disposals โ gain/loss vs. original cost)
- Trading one cryptocurrency for another (taxable disposal in most jurisdictions)
- Receiving rewards, bonuses or referral payments in crypto (taxable income at FMV)
Crypto Tax Basics for Wealth99 Users
Wealth99 is primarily used in Australia. Here are the key tax rules that apply to Wealth99 activity for users in Australia and internationally.
Buying crypto is not taxable โ but creates cost basis
Purchasing cryptocurrency with fiat currency via Wealth99 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 cryptocurrency.
Selling crypto for fiat is a taxable disposal
Each time you sell cryptocurrency for fiat currency on Wealth99, this constitutes a taxable disposal. The taxable gain or loss equals the difference between the sale proceeds and your original acquisition cost. CoinTracking imports all Wealth99 sell transactions and calculates the resulting gain or loss using your chosen cost-basis method.
Trading one crypto for another is also taxable
In most jurisdictions, swapping one cryptocurrency for another on Wealth99 is treated as a disposal of the first asset and an acquisition of the second. The gain or loss on the disposed asset must be reported. CoinTracking imports Wealth99 crypto-to-crypto trades and correctly classifies each as a disposal and a new acquisition.
Receiving rewards or bonuses is income
If you receive cryptocurrency as a reward, bonus or referral payment on Wealth99, this is generally treated as income at the fair market value of the crypto on the date it was received. The FMV at receipt becomes your cost basis for any future disposal. CoinTracking records these as income events in your tax report.
DAC8 is not applicable to Wealth99
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. Wealth99 is an Australian-based exchange regulated by AUSTRAC โ not by EU authorities under MiCAR. It is not subject to DAC8. Users in the EU must self-report all Wealth99 activity โ it will not be reported on their behalf.
Wealth99 Taxes by Country
Key crypto tax rules for countries where Wealth99 is commonly used. Select your country for specific rates and requirements.
Australia
- Capital Gains Tax: Crypto disposals are CGT events; 50% CGT discount applies for assets held >12 months
- Crypto-to-crypto trades: Each swap is a CGT event โ disposal of the first asset at its market value at the time of the trade
- Rewards and bonuses: Taxable as ordinary income at FMV on date of receipt
- Cost basis: Cost base at time of acquisition; FIFO commonly applied
- Authority: ATO (Australian Taxation Office)
Germany
- ยง 23 EStG: Crypto gains taxed at personal rate (up to 45%) if disposed within 1 year of purchase; tax-free after 1 year
- Annual exemption: โฌ1,000/year in private disposal gains
- Cost basis: FIFO per wallet
- Crypto-to-crypto trades: Each trade is a taxable disposal โ report on Anlage SO
- Forms: Anlage SO
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)
- Crypto-to-crypto trades: Each trade is a CGT disposal; gains reportable to HMRC
- Authority: HMRC
United States
- Short-term gains: Ordinary income rates (up to 37%) for crypto held โค1 year
- Long-term gains: 0%, 15% or 20% for crypto held >1 year
- Crypto-to-crypto trades: Each trade is a taxable disposal โ report on Form 8949 / Schedule D
- Cost basis: FIFO or specific identification (IRS)
- Authority: IRS
New Zealand
- Tax treatment: New Zealand does not have a capital gains tax; however, crypto acquired for the purpose of disposal may be taxable as income under the "intention" test
- Crypto acquired for trading: Gains are taxable as ordinary income at your marginal rate
- Consult local advice: Rules depend on the specific nature of your trading activity โ consult a qualified NZ tax advisor
- Authority: Inland Revenue (IRD)
Tax rules change frequently. This overview is for general information only. Consult a qualified advisor for your specific situation.
Are Wealth99 Transactions Taxable?
In most jurisdictions, selling or trading crypto on Wealth99 is a taxable event. Use this as a starting reference โ exact rules vary by country.
Taxable Events
- Selling cryptocurrency for fiat on Wealth99
- Trading one cryptocurrency for another (each swap is a disposal)
- Withdrawing crypto to an external wallet (may constitute a disposal in some jurisdictions)
- Receiving rewards, bonuses or referral payments in crypto (income at FMV)
Not Taxable
- Buying cryptocurrency with fiat on Wealth99
- Depositing fiat to Wealth99
- Holding crypto in your Wealth99 account
- Transferring crypto between your own wallets
Tax treatment varies by country. Always verify with a qualified advisor for your specific situation.
How to Calculate Your Wealth99 Taxes
Active traders on Wealth99 can accumulate many spot trades throughout the year, each with a different cost basis. Manually tracking each trade, its value at the time of execution, and the original acquisition cost โ then calculating FIFO or cost-base gain/loss for each โ is time-consuming and error-prone.
CoinTracking imports your full Wealth99 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 Australia, Germany, UK, the US and beyond.
How to Import Wealth99 into CoinTracking
Three steps to import your Wealth99 data and generate your tax report via CSV.
- 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 Wealth99 to start.
- 2
Download your Wealth99 CSV and upload it
Log into your Wealth99 account and navigate to the transaction history or reports section. Download your transaction history as a CSV file. In CoinTracking, search for Wealth99 in the import search and upload the CSV. All spot trades, deposits and withdrawals will be imported.
- 3
Review transactions and generate your tax report
Once your Wealth99 data is imported, validate the transactions and generate a tax report for your jurisdiction. CoinTracking calculates capital gains, income and losses โ including each spot trade โ and formats the output for your country, ready for your accountant or tax return.
"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 Wealth99
Tax Report with CoinTracking
Three steps from Wealth99 CSV to a tax report your accountant will accept.
Import your Wealth99 transactions
Download your CSV from Wealth99 and upload it to CoinTracking. All spot trades, fiat purchases, deposits and withdrawals are imported.
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 your Wealth99 tax report
Select your country and tax year. CoinTracking generates a jurisdiction-specific tax report in PDF or Excel format, covering all Wealth99 gains, losses and income โ ready to file or hand to your accountant.
No โ Wealth99 provides a transaction history export (CSV). CoinTracking imports this and generates your full tax report, including cost-basis tracking across all spot trades, deposits and withdrawals.
Log into your Wealth99 account and navigate to the transaction history or reports section. Download your transaction history as a CSV file and upload it to CoinTracking using the import search.
Yes โ selling or trading cryptocurrency on Wealth99 is a taxable disposal in most jurisdictions. The taxable gain or loss equals the difference between the fair market value at the time of the trade and your original acquisition cost. CoinTracking imports all Wealth99 trade history and calculates gains and losses for each transaction.
Wealth99 is an Australian-based exchange and is not subject to EU DAC8 reporting obligations. Under Australian law, Wealth99 may be required to report to the ATO for certain compliance purposes. Tax compliance for your Wealth99 activity is your personal responsibility in your country of residence.
Australia: cost base at time of acquisition; FIFO commonly applied (ATO). Germany: FIFO per wallet (ยง 23 EStG). UK: Section 104 pooling (HMRC). US: FIFO or specific identification (IRS). CoinTracking supports FIFO, LIFO, HIFO and all major methods.
Yes โ in most jurisdictions, receiving cryptocurrency as a reward, bonus or referral payment is taxable income at the fair market value on the date of receipt. The FMV at receipt also becomes your cost basis for any future disposal. CoinTracking records these as income events in your tax report.
Start Tracking Your Crypto Taxes Today
Experience why 2.2 million users trust CoinTracking โ sign up today for a seven-day free trial!