Many countries allow special treatment for gains made on assets that were held for at least one year for ex.
- USA applies a reduced capital gains tax rate
- Australia allows a capital gains discount
- Germany / Austria does not charge any tax on such assets
Koinly will show you gains from coins that were sold after 1 year of purchase as "long-term capital gains" in your tax report. This makes it easy to apply a reduced capital gains tax rate or discount on such assets.
Screenshot from the complete tax report showing the short-term and long-term gains separately.