Kraken taxes calculated automatically for your Belgian tax return
Import your full Kraken transaction history in one click, get a FIFO calculation in euro, and download an accountant-ready report. No Excel hassle, no stress at filing time.
Calculating Kraken taxes is a nightmare
You have made dozens or hundreds of trades on Kraken. Now the tax authority wants an overview of your gains and losses. And that is where the misery begins...
CSV chaos with 50+ columns
Kraken exports contain duplicate rows, non-standard asset codes and different time zones. Hours of puzzling just to make sense of the data.
Calculating FIFO by hand
Every sale has to be matched to the oldest purchase. With hundreds of trades this is practically impossible without software.
Staking & earn income
Staking rewards and earn payouts are taxed separately as movable income at 30%. But how do you filter those out of your hundreds of transactions?
Cryptotax handles your Kraken taxes automatically
Connect your Kraken account through a secure read-only API. We import everything, calculate your tax according to Belgian rules, and generate a report your accountant can use right away.
Automatic API import
All trades, deposits, withdrawals, staking rewards and earn payouts are fetched automatically. No CSV uploads, no manual work.
Belgian FIFO in EUR
Our engine applies the legally required FIFO method and converts everything to euro using the historical exchange rate of the transaction day.
Accountant-ready PDF
Export a professional report with an annual summary, transaction details and notes per tax code. Your accountant can get started right away.
From Kraken to tax return in 4 steps
The whole process takes about 5 minutes on average. From creating an API key to downloading your PDF report.
Create a read-only API key
Log in to Kraken, create a new API key and tick only the read permissions. Safe and simple.
Connect to Cryptotax
Paste your API key into our secure platform. Everything is encrypted with AES-256.
Automatic analysis
We import your full history and calculate gains, losses and income per year.
Download your report
Review your results, add notes and download the PDF report for your tax return.
Everything about Kraken taxes in Belgium
The most common questions about crypto taxes, Kraken and the Belgian tax authority.
Do I have to pay Kraken taxes in Belgium?
Yes, gains from crypto trading on Kraken are taxable. Since 2026, prudent-investor gains are subject to 10% capital gains tax on realised net gains above €10,000 per year. Speculative gains remain taxed at 33%, and professional activity at progressive rates. Staking and earn payouts are taxed separately as movable income at 30%.
How do I calculate my Kraken tax?
Belgium uses the FIFO method (First In, First Out). This means that for every sale you have to use the oldest purchase as the cost basis. Cryptotax does this automatically and converts everything to EUR.
Is it safe to connect my Kraken API?
Absolutely. We only request read-only API access, without trading or withdrawal permissions. Your keys are encrypted with AES-256 and stored in Belgian data centers. We do not share any data with third parties.
What does the Kraken tax software cost?
You can start for free with Cryptotax. The free scan shows your full transaction history and a preview of your taxable gain. You only pay a one-time fee for the full report.
Are staking rewards taxed separately?
Yes, staking and earn payouts are taxed as movable income at 30%. Cryptotax recognizes these automatically and shows them separately in your report with the correct tax treatment.
Ready to sort out your Kraken taxes?
Start for free today. Connect your Kraken account, see your taxable gain, and download a professional report for your Belgian tax return.