Tax

Spout does not give tax advice. How Spout activity is taxed depends on where you live and on your circumstances. Talk to a qualified tax adviser.

Events that may matter for tax

EventWhy it may matter
Buying or selling a tokenized stockMay be a purchase or disposal for tax purposes
Depositing or withdrawing collateralTreatment varies by jurisdiction
Borrowing and repayingTreatment varies by jurisdiction
An assignment in your poolPart of your collateral is sold at the strike and bought back
A liquidationPart or all of your collateral is sold
Lending yieldYour share tokens grow in value
Redeeming pointsYou receive a credit to your lending balance
Dividends and corporate actionsTokens in your wallet follow the issuer's terms; dividends on collateral are credited to your position. Withholding may apply

Records

The Portfolio screen shows your full transaction history. Export it as a CSV file for the last 7, 30 or 90 days, the year to date, or all time, to share with your adviser.