Do I have to pay taxes on my trades?
Honest answer: probably, and we can't tell you exactly how. Trading gains are taxable in most jurisdictions, but the rules, what's taxed, when, at what rate, vary enormously by country and situation, and Opusfund doesn't give tax advice. What we do give you is a complete, itemized record of every trade, which is exactly what a tax professional needs.
Why we won't pretend to know your answer
Tax treatment of prediction markets, perps, and stablecoin movements differs by country, sometimes by the year, and often by your personal circumstances. A confident-sounding generic answer would be worse than none. The only correct universal statement is: assume gains are reportable, and confirm with a professional where you live.
This page is general information, not tax advice. Consult a qualified tax professional in your jurisdiction before filing, and do it early, not in filing week.
What your fund does to make it painless
- Every trade, timestamped and itemized Entries, exits, results, and fees, all in the cycle reports.
- Every money movement on-chain Deposits and withdrawals are publicly verifiable on Polygon, so nothing is reconstructed from memory.
- Keep the records Export and store your reports each cycle; future-you at filing time will be grateful.
The one habit worth adopting now
Decide today where your trade records go, and set aside a rough fraction of wins for the tax bill. Funds that plan for taxes keep their gains; funds that discover them in April donate the difference in stress.