Impact of defi loans on wealth tax

Hi all!

I’m not sure how to represent debt from central lending pools like Aave, so that they are subtracted from the net holdings. This matters for countries which have a wealth tax on crypto holdings.

In the main tax report, the end-of-year holdings include both the provided collateral (recorded via ‘add to pool’ as per the help section), and the loans (also correctly tagged), so it’s a gross wealth calculation. But I need net wealth with loans subtracted.

FWIW, I’ve tried adjusting the books by adding a manual withdrawal for the debt amount. But this causes other problems as the manual entry has no cost price / history and therefore causes large PNL. Also in the main overview page Koinly seems to ignore negative balances.

Any idea how to achieve this? I’m in Switzerland.


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