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Description

If you have engaged in the buying, selling, earning, receiving, or any other form of acquiring digital currencies within a particular tax year, it's highly likely that you must report any profits or losses on your tax return. If there's any uncertainty regarding your obligations, consulting with the Inland Revenue or your accountant is advisable. In New Zealand, the Inland Revenue classifies digital currencies as a category of property. Their guidelines for cryptocurrency taxation specify that profits or losses must be assessed using the First in First Out method, converting values into New Zealand Dollars at the time of each trade, even when the transactions are between different cryptocurrencies. This process can be quite complex and may require several days to sort through, even with just a few trades. If you've incurred a loss, it could potentially be deducted from your income tax, providing some relief. Our advanced algorithms simplify this process by automating the necessary currency conversions and calculating your trading and mining profits and losses in line with Inland Revenue's regulations. Simply provide us with your exchange exports and mining addresses, and we will handle the rest to ensure your compliance and accuracy. This way, you can focus on your investments without the tax-related stress.

Description

The global landscape is currently facing significant upheaval, with backlogs, delays, and various repercussions stemming from Covid and broader economic trends. This moment calls for innovative and efficient methods to enhance trade engagement. TradeLens offers a robust and secure platform for data and document sharing that streamlines and accelerates trade processes. With a suite of powerful tools for digital visibility, collaboration, and analytics, we work alongside carriers, customs authorities, banks, and inland transport services to strengthen supply chains. Our mission is to expand a collaborative ecosystem of stakeholders that are digitally connected, facilitating the swift movement of global trade. By harnessing the advantages of innovative data, established standards, and an extensive network, we provide a straightforward cost-per-container model. This enables you to access precise carrier information for your shipments, providing clarity and enhancing your planning strategies. Additionally, you can say goodbye to the tedious task of constantly searching for the latest updates, as we centralize all the necessary information for you.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Bitstamp
Binance
BitPrime
Easy Crypto
Exodus
Independent Reserve
Kraken
Poloniex

Integrations

Bitstamp
Binance
BitPrime
Easy Crypto
Exodus
Independent Reserve
Kraken
Poloniex

Pricing Details

$99 per tax year
Free Trial
Free Version

Pricing Details

$8 per container
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Taxoshi

Founded

2014

Country

New Zealand

Website

taxoshi.com

Vendor Details

Company Name

TradeLens

Country

United States

Website

www.tradelens.com

Product Features

Crypto Tax

Automated Data Import
Exchange Integration
Export Transactions
Historical Prices
Income Overview
Margin & Futures Support
Profit & Loss / Cap Gains
Staking / Lending / DeFi Support
Tax Form Generation
Tax Loss Harvesting
Wallet Integration

Product Features

Alternatives

Alternatives