Rebase Tracking Feature for Tax Purposes (DAO Discussion)

https://help.coinpanda.io/en/articles/5510706-staking-and-mining

Staking rewards

1) Coins sent to staking pool

Staking works differently depending on which platform/exchange you are using, but in most cases, you will be sending your crypto to a third party and receive staking rewards in return on a daily/hourly basis. Sending coins to a staking pool is not a taxable event since you still maintain ownership of your assets.

Coinpanda will in many cases not import these transactions, but for certain blockchains like ETH/BSC, they will get imported as Send (no tag) transactions. You should find these transactions and tag them as Ignore such that Coinpanda will not realize any capital gains.

2) Staking rewards received

Coinpanda will in most cases tag all your received staking rewards as Staking automatically. If you see some Receive transactions imported from API or CSV files that are not tagged but should be tagged as Staking, you should then change the tag yourself. You can also contact us in the Live chat so we can check if we can update our integration to identify this automatically.

All Receive transactions tagged as Staking will be included in Section 6 - Income summary in your tax report.

3) Coins received from staking pool

After ending your stake, you will typically receive the coins/tokens back to your wallet or exchange account. Similar to coins sent to the staking pool, receiving coins is also not a taxable event and should be considered an internal transfer.

These transactions will be imported as Receive (no tag) from blockchains like ETH/BSC and you will need to tag these as Ignore yourself to avoid gains being realized.

This is so so true, we have SARS ( Revenue services )in South Africa.

I am not even sure how this entire matter is applicable to me.