Firi is a Nordic crypto exchange operating in Norway and Denmark, where more than 160,000 investors can buy and sell crypto including BTC, ETH & ADA. Whatever your investments and whether you live in Norway or Denmark, Koinly can help you calculate your taxes and report them to the Skatteetaten or Skattestyrelsen.
You'll need to calculate and report any income or capital gains you made with your tax office. For most people, this happens as part of your annual tax return. You can learn more about crypto tax where you live in our guides.
There are a couple of ways you can do this - do it yourself, by identifying your taxable transactions, calculating your net capital gain or loss, and the fair market value of any crypto income.
Or, use a crypto tax calculator like Koinly to easily calculate your taxable income for you, and generate your crypto tax report, ready to file with your tax office.
Koinly works by importing your crypto transaction data to analyze what's taxable, and what's not.
Koinly lets you manage all your crypto transactions - from all the blockchains, wallets, and exchanges you use - from one single platform, making crypto tax simple.
1. The API import may take a few minutes which is normal.
2. Spot a yellow circle in your Koinly Wallet? Koinly has calculated your balances based on the imported transactions but the balances reported by the API aren't quite matching up. Don’t worry, this is easy to fix! See our support article here for quick troubleshooting steps.
If you prefer, you can integrate Koinly with Firi by uploading a CSV file of your transaction history instead. Here's how to get your Firi transaction history CSV file.
1. When downloading your CSV files, check that the file covers your full trading history.
2. Don't forget to tag your transactions as income according to your country's crypto tax rules.
If you need help connecting Firi and Koinly, check out these great resources:
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No. Firi does not provide users with tax documents, but you can use a crypto tax calculator like Koinly to generate your Firi tax documents. Just connect using API or by uploading a CSV file of your transaction history.
The easiest way to get your Firi tax report is to connect to crypto tax software. With Koinly, you can connect using API and get your transaction data in minutes. Koinly can then generate your crypto tax reports including the Skattestyrelsen Fortjeneste & Skatteetaten RF1159 forms.
No. Firi only provides users with a CSV file of their transaction history, which you can use for tax reporting purposes.