<div class="support-page-wrapper"><div class="support-category-wrapper"><div class="category-list"><a href="/help-category/about-vinovest">About Vinovest</a><a href="/help-category/investing">Investing</a><a href="/help-category/ownership">Ownership</a><a href="/help-category/returns-and-liquidity">Returns and Liquidity</a><a href="/help-category/storage-taxes">Storage &amp; Taxes</a><a href="/help-category/whiskeyinvesting">Whiskey Investing</a><a href="/help-category/fees-minimums-payment-methods">Fees, Minimums, Payment</a><a href="/help-category/listing">Listing</a><a href="/help-category/rebalancing">Rebalancing</a><a href="/help-category/shipping">Shipping</a><a href="/help-category/trading">Trading</a><a href="/help-category/withdrawals">Withdrawal</a></div><div><div class="breadcrumb-wrapper show-on-mobile"><a href="/help"><img src="https://www.vinovest.co/static/media/left_arrow.f7375dd8.svg" width="18" height="10" alt="back to parent topic"></a><a href="/help-category/storage-taxes" class="highlight">Storage &amp; Taxes</a></div><div class="breadcrumb-wrapper hide-on-mobile"><a href="/help" class="highlight">FAQ</a><div class="slash">/</div><a href="/help-category/storage-taxes">Storage &amp; Taxes</a></div><h1>How are gains from my wines taxed?</h1><div class="post"><p>Your taxable gains from wine depend on where you live.</p><p>In the United States, if you buy or sell wine through Vinovest, gains are subject to collectibles taxes. In the United Kingdom, fine wine is considered a wasting asset. Therefore, you likely won’t have to pay a capital gains tax. The same applies to clients in Hong Kong, Singapore, Germany, France, and Austria, among other places.</p><p>Contact your tax advisor for more information.</p></div></div></div></div>