FAQ: Taxes

Who can I contact with questions about the tax treatment of my crypto assets?

Tangany cannot and is not authorized to provide advice regarding the tax treatment of your crypto assets. Please consult your tax advisor for assistance.

Can Tangany issue a balance confirmation?

Upon request, we can provide you with a balance confirmation. This document shows the balance of crypto assets that we custodied on behalf of a partner platform for you as of a specific date, along with a breakdown of the associated transactions. The balance confirmation does not include information on gains/losses or the holding periods of your crypto assets.

Does the transfer of crypto assets affect the holding period?

No purchase or sale transactions take place as part of the transfer. It can therefore generally be assumed that the statutory holding periods remain unaffected.

Can Tangany issue a profit and loss statement or an annual certificate?

Unfortunately, we cannot provide a profit and loss statement or an annual certificate. These documents or the underlying transaction data must be requested directly from the trading platform through which you conducted your transactions. As a custodian, we provide part of the infrastructure for the partner platform and securely custody your crypto assets.