Bitcoin Cash (BCH) Tax Guide
Bitcoin Cash taxes: trading, mining and capital gains in Europe.
How is Bitcoin Cash taxed?
Bitcoin Cash (BCH) is taxed like any other cryptocurrency in Europe. Every sale or trade of BCH generates a taxable capital gain or loss. If you received BCH from the 2017 Bitcoin fork, the acquisition cost is generally considered zero, making the entire sale proceeds taxable.
Fork taxation and mining BCH
BCH received from the Bitcoin hard fork is a unique tax situation. In most European countries, forked coins have a zero cost basis. Mining BCH is taxable as income at the time of receipt. Taxes Crypto correctly handles both fork and mining scenarios.
How Taxes Crypto handles Bitcoin Cash
Taxes Crypto imports your BCH transactions, correctly handles fork-derived coins with zero cost basis, and calculates your capital gains using your country's official tax method.
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