FAQ: Taxes

Can Tangany issue a balance confirmation?

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

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

Apart from the information listed above, we cannot provide any further data or documents including profit & loss statements or annual statements. Please request any other documents or data from the trading platform through which your transactions were processed.

Does the transfer of crypto assets affect the holding period?

Transfers to external wallets do not involve purchase or sale transactions. Therefore, it is reasonable to assume that the statutory holding periods usually remain unaffected.

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.