Capital Gains Tax Report - Spain

New feature ideas
1

I’m new to ShareSight and I’m looking for something to track my FIFO stocks transactions in Spain. My understanding is that the CGT report is not available for Spain? Why is that? Is there some workaround that I can do?

2

Hi @alex10 we currently don’t provide CGT Report for Spain unfortunately. The only way I can think of is to run the All Trades Report, sort by holdings, and you’re able to do FIFO with that report in a spreadsheet. I’ll add your request to our list for future consideration. Thanks!

3

• What feature do you want to see in Sharesight?
It would be awesome if you think about adding the optional feature of setting FIFO transactions on holdings

• Why do you want it?
It is something affects directly the regulation of some countries (Spanish regulation, i.e)

• How is this affecting you?
The tracking of my gains and losses and performance is nor accurate

• Do you currently have a workaround solution? If yes, what is it?
No, i have not

• Can we reach out in future to ask follow up questions about this idea?
Yes, reach me if you need it.

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4

Hi @recluising thanks for the suggestion. I assume the requirement for Spain government when it comes to tax return is that they only allow FIFO and not any other method like average cost base, is that correct? Thanks!

1 Like
5

Yes, that is correct

6

Thanks @recluising ! I’ll pass this to the product team

2 Likes
7

Thanks a lot!

1 Like
8

Any news on this? I’m new to ShareSight and I’m looking for something to track my FIFO stocks transactions in Spain. My understanding is that the CGT report is not available for Spain? Why is that? Is there some workaround that I can do?

9

I don’t see why Sharesight cannot make the report available in Spain (or europe) so that once generated each party can calculate what they want (FIFO or otherwise,) . It’s not an automatic load the tax authority

10

any update @RickyYeo ?