How to Prepare Your 2026 MEXC Tax Report with TaxTank

MEXC
TaxTank

Prepare and File Your 2026 Crypto Tax with TaxTank

TaxTank is integrated directly with MEXC to help Australian crypto traders track their capital gains, manage their investment income, and stay fully compliant with ATO requirements, all year round. Built by accountants and backed by Australian tax law, TaxTank is Australia's first automated tax and personal finance software that goes beyond crypto tax to give you complete control of your entire financial picture.

Who Is TaxTank?

TaxTank is an Australian-built tax and personal finance platform developed by accountants and designed specifically for the Australian tax system. It is the only software on the market where Australians can manage their individual tax position every single day of the year, not just at tax time.

Unlike standalone crypto tax tools, TaxTank takes a whole-of-finances approach. Through its modular "Tank" system, users can manage income, investment properties, sole trader businesses, crypto and share portfolios, budgeting, and document storage all in one secure platform. Every calculation is backed by Australian tax law, turning what TaxTank describes as 6,000 pages of complex tax legislation into one simple, easy-to-use solution.

TaxTank has been featured by major Australian media including realestate.com.au, news.com.au, the Today Show, Forbes Advisor, Canstar, Accountants Daily, and Fintech Australia. The platform was also a finalist in the Women in Finance Entrepreneur of the Year Awards. Pricing starts from just $6 per month, with a free 14-day trial available and no credit card required.

Strengths of TaxTank

  • Australia's first automated tax and personal finance software, built by accountants

  • The only Australian software that calculates your real-time tax position every day of the year

  • Backed by Australian tax law with automatic calculations across all major income and investment types

  • Modular Tank system lets you pay only for the features you need

  • Featured by realestate.com.au, Forbes Advisor, Canstar, Accountants Daily, and the Today Show

  • Finalist in the Women in Finance Entrepreneur of the Year Awards

  • Live bank feeds powered by Open Banking for automated transaction tracking

  • Secure document storage built in, with no time limit on record keeping

  • Supports collaboration with accountants, property co-owners, brokers, and financial advisors

  • Rated 5 out of 5 stars by customers on Google

Features of TaxTank (Card Format / Box Format)

Holdings Tank for Crypto and Share CGT

TaxTank's Holdings Tank is the dedicated module for managing capital gains tax on shares, cryptocurrency, and unlisted assets. It tracks every buy, sell, swap, and disposal automatically and calculates your CGT position in real time, including concessions, exemptions, and carry-forward losses, without any spreadsheets. Holdings Tank is available for $6 per month and includes unlimited trades and assets with no restrictions on the number of holdings you can add.

 

Live CGT Reports All Year Round

Unlike tools that only show your tax position at the end of the financial year, TaxTank provides a live CGT report that updates in real time as you trade. You can see exactly where you stand at any point, explore scenarios, and plan your disposals before the 30 June deadline to optimise your tax outcomes.

 

Automated Capital Loss Carry Forwards

TaxTank automatically tracks your capital losses from prior years and carries them forward to offset against future gains. There is no manual input required, and you will never lose sight of losses that could reduce your future tax bill.

 

Live Bank Feeds via Open Banking

TaxTank connects directly to your Australian bank accounts using Open Banking to pull in live transaction data automatically. As transactions arrive, you allocate them to the relevant Tank using smart bank rules, and TaxTank calculates your tax position accordingly. Nothing falls through the cracks.

 

Crypto Transaction Tracking

Within Holdings Tank, MEXC users can record buys, sells, swaps, and staking income across multiple wallets and exchanges. Dividends, staking rewards, interest income, and related investment expenses are all tracked separately and correctly classified for ATO reporting.

 

Shares, ETFs, and Global Exchanges

Holdings Tank supports ASX-listed shares and ETFs as well as major global exchanges including the NYSE, NASDAQ, TSX, HKEX, SGX, and LSE. Sharesight integration is also available for users who already manage their share portfolio there, with automatic syncing and no double handling.

 

Custom Tickers for Unlisted Assets

TaxTank allows you to add custom tickers for any asset class including art, collectibles, private equity, and other unlisted investments. This ensures your entire financial picture is captured in one place, not just your listed holdings.

 

Depreciation and CGT Calculator Tools

TaxTank includes built-in depreciation and CGT calculator tools that automatically apply the correct tax treatment to your investment activity. The CGT discount for assets held longer than 12 months is applied automatically where eligible.

 

Property Tank for Investment Property Owners

For MEXC users who also hold investment properties, TaxTank's Property Tank manages rental income, expenses, depreciation schedules, loan tracking, equity, and cash flow forecasting all in one place. It connects directly to property managers and bank accounts via live feeds.

 

Secure Document Storage via Spare Tank

TaxTank includes built-in document storage where you can attach receipts, statements, tax invoices, and other records permanently. These records are stored securely and are always accessible if the ATO requests documentation, included free with any paid Tank subscription.

 

Easy Accountant Collaboration

You can invite your accountant, property co-owner, broker, or financial advisor to access your TaxTank data in real time, enabling informed financial decisions year round without the need to compile and send documents manually.

 

ATO-Compliant Reporting

All of TaxTank's CGT calculations and tax reports are fully compliant with ATO requirements. The platform covers capital gains, carry-forward losses, CGT discount eligibility, and investment income reporting as required for individual Australian tax returns.

How to Use TaxTank with Your MEXC Account

Connecting your MEXC trading history to TaxTank is simple and takes just a few minutes. Follow these 3 steps to get your crypto CGT sorted:

 

  1. Export your MEXC transaction history

  • Log in to your MEXC account and navigate to the transaction history or trade records section.

  • Export your trading data as a CSV file covering the full Australian financial year (1 July to 30 June) you need to report.

Tips: Check TaxTank's integrations page at taxtank.com.au/taxtank-integrations to confirm whether a direct API connection or OAuth sync is available for MEXC. Where supported, you can connect both accounts directly for automatic, real-time syncing with no manual exports needed.

 

  1. Import your data into TaxTank's Holdings Tank

  • Sign up at taxtank.com.au and add Holdings Tank to your account (no credit card required for the free trial).

  • Navigate to the Holdings Tank section and select the option to add your crypto transactions.

  • Upload your MEXC CSV file or connect via available API or OAuth sync.

  • TaxTank will import your full transaction history, including spot trades, swaps, and any staking income recorded on MEXC, and automatically classify each event for ATO compliance.

  1. Review your CGT position and prepare your tax return

  • Once your transactions are imported, review them in the Holdings Tank dashboard.

  • TaxTank will automatically calculate your capital gains, capital losses, CGT discount eligibility, carry-forward losses, and total tax position in real time.

  • Use the live CGT report to understand your tax outcome before year end, then provide the finalised report to your tax agent or use it when self-lodging your return via myTax.

Terms, Conditions and Country Availability

TaxTank is built exclusively for the Australian market and is designed to comply with Australian tax law and ATO reporting requirements. Before signing up, there are important considerations to be aware of.

 

Supported regions:

  • Australia (exclusive market, all tax calculations and reports are built for ATO compliance and Australian individual tax returns)

TaxTank's tax calculations, CGT reports, and investment income tracking are designed solely for Australian residents lodging tax returns with the ATO. It is not intended for use in other jurisdictions.

 

Regulatory limitations:

  • TaxTank Pty Ltd (ABN 43 633 617 615) is not a registered tax agent, a registered BAS agent, or a registered tax financial adviser under the Tax Agent Services Act 2009. Any guidance provided by TaxTank is of a general nature only and does not constitute personal tax advice.

  • TaxTank does not lodge your tax return on your behalf. The CGT report and tax position data generated in the platform must be used by the taxpayer when self-lodging via myTax, or provided to a registered tax agent for formal lodgment.

  • Holdings Tank is not suitable for professional share traders (as defined by the ATO), options traders, futures and derivatives traders, CFD and leveraged platform users, short sellers, or margin lending with complex adjustments. These trading styles involve specialised tax treatments outside Holdings Tank's current scope.

 

Not available for:

  • TaxTank is designed exclusively for Australian residents and entities. International MEXC users based outside Australia should use a crypto tax platform that supports their local tax framework.

 

Data and privacy:

  • TaxTank stores all data securely in Australia.

  • The platform uses industry-standard security best practices and does not request elevated API permissions beyond what is needed to read transaction data.

  • Refer to TaxTank's official Privacy Policy at taxtank.com.au/privacy for full details.

 

Pricing:

  • Holdings Tank, the module covering crypto and share CGT, is available from $6 per month, billed annually.

  • A free 14-day trial is available with no credit card required.

  • Additional tanks can be added separately depending on your individual needs, including Property Tank ($15 per month), Work Tank ($9 per month), Sole Tank ($9 per month), and Money Tank ($6 per month).

  • Spare Tank (document storage) is included free with any paid Tank subscription.

  • For the latest pricing, visit taxtank.com.au/pricing .

Frequently Asked Questions

What is TaxTank and how does it help with crypto taxes in Australia?

TaxTank is Australia's first automated tax and personal finance software, built by accountants and backed by Australian tax law. For MEXC users, its Holdings Tank module tracks crypto buys, sells, swaps, and staking income, automatically calculates capital gains and losses in line with ATO requirements, and provides a live CGT report you can use when lodging your tax return.

Does TaxTank integrate directly with MEXC?

TaxTank supports CSV file imports from exchanges including MEXC, and direct integrations are available for many platforms. Once your MEXC transaction history is imported into Holdings Tank, TaxTank automatically classifies each trade and calculates your capital gains and income for the relevant Australian financial year.

How is TaxTank different from a standalone crypto tax calculator?

TaxTank is the only Australian software that manages your entire tax and personal finance position in one place. Beyond crypto CGT, it handles investment properties, PAYG income, sole trader businesses, share portfolios, budgeting, and secure document storage. For MEXC traders who have other sources of income or assets in Australia, TaxTank provides a complete financial picture rather than just a single-purpose crypto report.

Is TaxTank suitable for high-frequency crypto traders?

Holdings Tank is best suited to investors who buy, sell, and swap cryptocurrency as capital assets. It fully supports crypto transactions including buys, sells, swaps, and staking income. However, it is not currently suited to professional traders whose crypto activity would be treated as a revenue transaction by the ATO rather than a capital gains event. If you are unsure which category you fall into, consult a registered tax agent.

Does TaxTank support shares and other assets as well as crypto?

Yes. Holdings Tank covers ASX-listed shares and ETFs, major global exchanges including the NYSE, NASDAQ, TSX, HKEX, SGX, and LSE, cryptocurrency assets, and unlisted assets via custom tickers. All asset classes are tracked in the same dashboard with a unified CGT report.

Can TaxTank carry forward my capital losses from previous years?

Yes. TaxTank automatically tracks and carries forward capital losses from prior financial years to offset against future gains. This happens automatically without any manual input, ensuring you never miss a loss that could reduce your tax liability.

Is TaxTank compliant with ATO requirements?

Yes. TaxTank's CGT calculations and tax reports are fully compliant with ATO requirements for individual Australian tax returns. The platform covers capital gains, carry-forward losses, CGT discount eligibility for assets held over 12 months, and investment income reporting. However, TaxTank is not a registered tax agent and does not lodge returns on your behalf.

How secure is TaxTank?

TaxTank stores all data securely in Australia and follows industry-standard security best practices. The platform only requests read-only access when connecting to external financial accounts and does not store or request credentials beyond what is necessary to import your transaction data. Documents uploaded to Spare Tank are stored permanently and securely for as long as your account is active.

 

Disclaimer

The information provided on this page is for educational purposes only and does not constitute formal tax, legal, or financial advice. Cryptocurrency tax regulations vary significantly by jurisdiction and are subject to change. Please consult a qualified tax professional for guidance specific to your personal financial situation. Furthermore, MEXC does not guarantee the quality or accuracy of products or services provided by third-party tax partners like Koinly, and assumes no liability for issues arising from their use. Users assume all risks associated with utilizing third-party tax software.

Other Providers

  • Bitcoin Taxes
    Bitcoin Taxes
    BitcoinTaxes is a straightforward crypto tax calculator that helps traders calculate capital gains and income, preparing standardized tax forms for direct submission or integration with filing software.
  • CryptoWorth Tax Tools
    CryptoWorth Tax Tools
    Cryptoworth is an enterprise-grade Web3 accounting and tax solution for businesses, DAOs, and crypto funds, automating on-chain reconciliation, financial reporting, and tax calculations.
  • Cryptact
    Cryptact
    Cryptact is Japan's leading crypto tax calculator and portfolio platform, supporting an extensive range of coins and DeFi protocols while automating PnL calculations for local tax compliance.