What could be considered a taxable event on my etoro account?

A taxable event is a transaction that may be considered reportable/taxable and should be included in a customer’s tax reporting.

At etoro, there are several such events, which may include:

The closing of positions (whether at a profit or a loss), including:

• Manual trades;
• Stop loss or take profit trades;
• CopyTrader trades;
• Smart Portfolio trades;
• Cash dividends on stocks and other corporate actions;
• Interest earnings;
• Staking;
• Receiving bonus payouts such as Refer a Friend, funnel airdrop and trading bonuses.

All of the above may be included in your tax reports at etoro.

The following items are not generally considered taxable events:

• depositing or withdrawing cash to/from the etoro investment account;
• unrealized gains on open positions*
• opening new positions (crypto, options, stocks/ETFs);
• transferring crypto from the investment app to the etoro Money crypto wallet;
• sending** or receiving crypto to/from the etoro crypto wallet;
• adjusting the stop loss or take profit on a position.

*This depends on the country, as some countries may assess taxes on unrealized gains / open positions.

**In some cases sending crypto may be considered a tax event. Please consult your tax advisor.

Note: This is provided for informational purposes only. etoro does not provide tax or legal advice. You should consult with a tax or legal professional to address your particular situation