Many countries allow special treatment for gains made on assets that were held for at least one year for example:

  • 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.

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