<p>It will depend on the tax laws in your country.</p>

<p>Where I live the tax law treats crypto currencies as an asset and requires that my position be reconciled at the end of each financial year for capital gains calculations. </p>

<p>That's not to say I have to do any buy or sells of each year I just have to determine my paper capital gain or loss for the year in order to include it on my tax return.</p>

CC BY-SA 3.0
2017-09-21T13:02:42.127Z
Asking about the US. So crypto to crypto trades are indeed on the hook for short term capital gains? Not just crypto for fiat trades?
Passer
CC BY-SA 3.0
2017-09-21T01:11:43.247Z
2017-09-21T01:11:43.247Z
sipsorcery
<p>If I were to profit off cryptocurrency to cryptocurrency trades throughout the year without ever cashing out my crypto position for USD, would I avoid paying any short-term capital gains taxes on all of my crypto to crypto trades? Would I ultimately only pay long-term capital gains tax once I convert my crypto to USD after the one year mark?</p>

CC BY-SA 3.0
2017-10-21T06:26:48.660Z
I'm voting to close this question as off-topic because this is a tax question which requires legal expertise.
rny
CC BY-SA 3.0
2017-10-21T07:44:40.963Z
Ask https://law.stackexchange.com
MCCCS
CC BY-SA 3.0
2017-10-21T15:19:33.307Z
This is a sensible interesting question actually
Jack Kada
<trading><taxes>
Short-term capital gains taxes for crypto to crypto trades?
Passer
# Short-term capital gains taxes for crypto to crypto trades?

(Asked by: username_0 on 2017-09-20)

If I were to profit off cryptocurrency to cryptocurrency trades throughout the year without ever cashing out my crypto position for USD, would I avoid paying any short-term capital gains taxes on all of my crypto to crypto trades? Would I ultimately only pay long-term capital gains tax once I convert my crypto to USD after the one year mark?

**Tags:** trading, taxes

> **Comments:**
> **username_1**: I'm voting to close this question as off-topic because this is a tax question which requires legal expertise.  
> **username_2**: Ask https://law.stackexchange.com  
> **username_3**: This is a sensible interesting question actually  

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## 1 answers

### Answer by username_4 on 2017-09-21. Score: 1

It will depend on the tax laws in your country.

Where I live the tax law treats crypto currencies as an asset and requires that my position be reconciled at the end of each financial year for capital gains calculations.

That's not to say I have to do any buy or sells of each year I just have to determine my paper capital gain or loss for the year in order to include it on my tax return.

> **Comments:**
> **username_0**: Asking about the US. So crypto to crypto trades are indeed on the hook for short term capital gains? Not just crypto for fiat trades?  

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