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Portfolio Strategies - Fiscal relevance check

Learn about this tax strategy tool and how to use it.

Updated over 2 months ago

ℹ️ Important notice

This feature is only available for taxpayers who are fiscally resident in Italy and file their tax return in Italy.


What is the Fiscal relevance check?

This tool allows users to check whether the swap between two cryptocurrencies is fiscally relevant, based on the economic functions and the types of tokens involved in the transaction.

In short, it helps you make informed decisions about which crypto to sell and when—with a clear view of the fiscal consequences.


How to access the Fiscal relevance check tool

Click on Portfolio from the main menu on the left, then click on Strategies

In the new screen click on the Open button shown in the image below


How to use the tool

By clicking on the button shown in the image above, you'll be taken to this page.

Here you can select the tokens involved in the trade by using the dropdown menus, then click on the Verify button.

In the image below it's visible how the trade BTC/ETH is fiscally irrelevant, due to both tokens having the same economic type and function (unbacked/payment).

In the following example instead it's visibile how the trade between BTC/BNB is fiscally relevant, having the two assets a different categorization (unnacked/payment for BTC and unbacked/utility for BNB).

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