Order of selling shares

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1

Hi, I know this was talked about multiple times here already, but I don’t recall seeing a definite answer. As you know, for some countries when you sell a share after a year of holding, you don’t have to pay taxes. Now if I bought, let’s say a MSFT shares like this:
1 share on Jan 1, 2021 - Share A
1 share on Feb 1, 2021 - Share B

And now I want to take profit, when I sell 1 share on Jan 15, 2022, it has been more than a year since I bought Share A, but less than a year since I bought share B. So when I sell the share on Jan 15, 2022, I really need the sell the share A, in order to be free of tax. Can someone, ideally from Trading212 team confirm whether this is automatically happening and the share selling follows FIFO (first in, first out) order? Thanks a lot.

2

Someone can correct me if I am wrong on this.

You need to record your trading activity in line with your local tax authorities guidelines. If your tax authority require you to report on a FIFO - First In First Out basis, then you are fine.

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